Orangekloud Signs LOI for Reverse Merger With VeVe Owner Orbis

Orangekloud Technology Inc. Class A ( (ORKT) ) has shared an update.

On February 10, 2026, Orangekloud Technology Inc. signed a non-binding letter of intent with New Zealand-based Orbis Technology Limited for a reverse merger in which Orangekloud would acquire Orbis and continue operating its VeVe digital collectibles marketplace. Orbis, a global digital IP infrastructure provider whose VeVe brand powers licensed digital asset issuance and monetization, would see its co-founders and shareholders become majority owners of Orangekloud, leaving existing Orangekloud shareholders with a minority stake while preserving the company’s dual-class share structure.

The parties aim to finalize terms and reach a definitive implementation agreement on or around February 28, 2026, signaling a potential strategic shift that could pivot Orangekloud from its SME-focused no-code apps base toward a larger role in the digital IP and licensed digital assets ecosystem. If completed, the deal would effectively place VeVe and Orbis’s end-to-end IP lifecycle platform at the center of Orangekloud’s future operations, reshaping governance and ownership dynamics for current investors.

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 listed on Nasdaq that provides the eMOBIQ no-code platform for developing mobile applications. Its SaaS-based solutions target small and medium-sized enterprises and corporations, helping digitalize and streamline functions such as warehousing, sales ordering, delivery, manufacturing and other operational areas, with a focus on sectors including food services, manufacturing, precision engineering and construction.

Average Trading Volume: 1,112,186

Technical Sentiment Signal: Sell

Current Market Cap: $17.75M

For an in-depth examination of ORKT stock, go to TipRanks’ Overview page.