Ryde Group Ltd. (NYSE American:RYDE), a Singapore-based technology platform for mobility and quick commerce, has announced that its plan to regain compliance with NYSE American's continued listing standards has been accepted. Previously, the company received a notice on May 21, 2025, indicating non-compliance with listing standards due to having stockholders' equity below US$4.0 million and reporting losses over three of the past four fiscal years. Ryde submitted a plan to address these issues by June 20, 2025, and received approval on August 5, 2025, for a plan period extending to November 21, 2026. During this period, Ryde will undergo quarterly compliance monitoring. Failure to meet the standards by the deadline or inadequate progress could result in delisting proceedings. The company's operations and financial conditions remain unaffected by this notice.
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