OrangeKloud Technology Inc.’s Lock-Up Period To End on January 21st (NASDAQ:ORKT)

OrangeKloud Technology’s (NASDAQ:ORKT) lock-up period is set to end on Tuesday, January 21st. OrangeKloud Technology had issued 2,750,000 shares in its public offering on July 25th. The total size of the offering was $13,062,500 based on an initial share price of $4.75. Shares of the company owned by major shareholders and company insiders will be eligible for trade following the expiration of the lock-up period.

OrangeKloud Technology Stock Down 72.1 %

ORKT stock opened at $1.12 on Friday. OrangeKloud Technology has a twelve month low of $1.12 and a twelve month high of $8.00. The firm’s 50-day moving average is $2.99.

OrangeKloud Technology Company Profile

Orangekloud Technology Inc, an investment holding company, provides enterprise application development services in Singapore, Indonesia, Malaysia, the United States, and internationally. It offers eMOBIQ platform, a No-Code rapid mobile application development platform for SMEs and organizations to design, build, and implement enterprise-grade custom applications with no coding required.