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Orangekloud Technology Inc. Class A ( (ORKT) ) has issued an update.
On January 29, 2026, Orangekloud Technology Inc. received a Staff Delisting Determination from Nasdaq, which initiated proceedings to delist the company’s securities from the Nasdaq Capital Market due to prolonged non-compliance with the exchange’s $1.00 minimum bid price rule, and the company is ineligible for a standard grace period because it had already cured a similar deficiency via a reverse stock split within the past year. Orangekloud plans to appeal the decision by requesting an oral hearing before a Nasdaq Hearings Panel and will submit a written compliance plan seeking a temporary exception to listing standards; during this process its shares are expected to continue trading on Nasdaq, but the company cautioned that there is no assurance the appeal or any remediation plan will succeed, leaving investors facing ongoing uncertainty over the stock’s continued listing status.
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 foreign private issuer listed on the Nasdaq Capital Market under the symbol “ORKT.” The company operates within the technology sector and has previously undertaken a reverse stock split to address Nasdaq’s minimum bid price requirements for its primary securities.
Average Trading Volume: 1,038,379
Technical Sentiment Signal: Hold
Current Market Cap: $22.36M
For detailed information about ORKT stock, go to TipRanks’ Stock Analysis page.