Orangekloud Technology Faces Nasdaq Delisting After Minimum Bid Price Breach

The latest announcement is out from Orangekloud Technology Inc. Class A ( (ORKT) ).

On January 29, 2026, Orangekloud Technology Inc. received a Staff Delisting Determination from Nasdaq after its shares traded below the required $1.00 minimum bid price for 30 consecutive business days and, having already conducted a reverse stock split within the past year, the company was deemed ineligible for the standard 180-day cure period. The company disclosed on February 4, 2026, that it will appeal the decision by requesting an oral hearing before a Nasdaq Hearings Panel and submitting a compliance plan, a process that will temporarily stay any suspension or delisting and allow its securities to continue trading under the symbol ORKT, though there is no assurance the appeal or compliance efforts will succeed, leaving shareholders facing continued listing uncertainty.

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 under the ticker ORKT, offering the eMOBIQ® no-code platform for developing mobile applications. Its solutions are tailored primarily for small and medium-sized enterprises and corporations, providing a suite of mobile apps to digitize and streamline operations in areas such as warehousing, sales ordering, delivery, and manufacturing, with a sector focus that includes food services and manufacturing, precision engineering, and construction.

Average Trading Volume: 1,085,690

Technical Sentiment Signal: Sell

Current Market Cap: $19.12M

For detailed information about ORKT stock, go to TipRanks’ Stock Analysis page.