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Orangekloud Technology Inc. Class A ( (ORKT) ) has provided an announcement.
On March 3, 2026, Orangekloud Technology Inc. announced that it had regained compliance with Nasdaq Capital Market listing requirements after previously receiving a delisting determination for failing to maintain the minimum $1.00 bid price. Nasdaq’s Listing Qualifications staff informed the Hearings Department on March 2 that the company was back in compliance, leading to the cancellation of a planned March 17 hearing and ensuring that its Class A ordinary shares remain listed and traded under the symbol ORKT.
Separately, Orangekloud reported that it continues to work toward a definitive agreement for a proposed reverse merger transaction with Orbis Technology Limited involving the acquisition and continued operation of VeVe through the issuance of Orangekloud shares. Under the contemplated structure, Orbis co-founders and shareholders would become majority owners of Orangekloud while existing Orangekloud shareholders would hold a minority stake, and the company expects to retain its dual-class share structure, signaling a potential shift in control and strategic direction if the deal is completed.
The most recent analyst rating on (ORKT) stock is a Buy with a $4.00 price target. To see the full list of analyst forecasts on Orangekloud Technology Inc. Class A stock, see the ORKT Stock Forecast page.
More about Orangekloud Technology Inc. Class A
Orangekloud Technology Inc. is a Singapore-based technology company that offers the eMOBIQ® no-code platform for building mobile applications tailored to small and medium-sized enterprises and larger corporations. Its application suite targets the digitalization and streamlining of functions such as warehousing, sales ordering, delivery and manufacturing, with a focus on sectors including food services and manufacturing, precision engineering and construction.
Average Trading Volume: 1,315,501
Technical Sentiment Signal: Hold
Current Market Cap: $20.14M
Find detailed analytics on ORKT stock on TipRanks’ Stock Analysis page.