Ryde Regains NYSE American Compliance, .BC Indicator Removed After Two Quarters
Ryde Group Ltd resolved its NYSE American continued listing deficiency under Section 1003(a)(ii) after demonstrating compliance for two consecutive quarters per Section 1009(f). The NYSE American removed the .BC compliance indicator and delisted Ryde from its noncompliant issuers roster as of May 13, 2026.
1. Compliance Restoration
Ryde received NYSE Regulation’s May 13, 2026 letter confirming resolution of its Section 1003(a)(ii) listing deficiency after achieving compliance over two consecutive quarters per Section 1009(f), reinstating full adherence to NYSE American LLC continued listing standards.
2. Indicator Removal and Impact
The .BC compliance indicator will no longer be disseminated and Ryde will be removed from the list of NYSE American noncompliant issuers, potentially improving investor confidence and share liquidity by eliminating perceived listing risk.
3. Strategic Outlook
Ryde remains committed to strengthening its position as a leading mobility and quick commerce platform through technology innovation, ecosystem expansion and sustainable business growth, aiming to capitalize on zero-commission carpooling and delivery services to drive future revenue.