Sidley represented Ryde Group Ltd (NYSE American: RYDE) (Ryde) in its initial public offering (IPO) and listing of its Class A ordinary shares on the NYSE American. Maxim Group LLC acted as underwriter in the IPO.
Ryde is a technology company with a leading platform for mobility and quick commerce in Singapore. As the developer of the first carpool app in Singapore, Ryde has revolutionized how people move from point to point. Ryde provides on-demand and scheduled carpooling and ride-hailing services, connecting riders with drivers. Ryde also provides on-demand, scheduled, and multi-stop parcel-delivery services. From its origin as a carpool app, Ryde has expanded to provide a full suite of mobility and delivery options.
The Sidley team was led by partners Meng Ding and Raymond Oh. Other team members included counsel Liming Xu and senior legal assistant Yuchen Ni.
