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Orangekloud Technology Inc. Class A ( (ORKT) ) has provided an announcement.
On April 11, 2025, Orangekloud Technology Inc. received a notification from Nasdaq indicating that the company no longer meets the minimum bid price requirement of $1 per share, as per Nasdaq Listing Rules 5550(a)(2). The company has been given until October 8, 2025, to regain compliance, with the possibility of an additional 180-day extension if certain conditions are met. Orangekloud is currently exploring options to address this issue, although there is no guarantee of success. This situation poses a potential risk to the company’s Nasdaq listing status, which could impact its market position and investor confidence.
More about Orangekloud Technology Inc. Class A
Orangekloud Technology Inc. operates in the technology sector, focusing on providing innovative solutions and services. The company is headquartered in Singapore and is listed on the Nasdaq Stock Market.
YTD Price Performance: -81.55%
Average Trading Volume: 2,370,023
Technical Sentiment Signal: Strong Buy
See more data about ORKT stock on TipRanks’ Stock Analysis page.