Orangekloud Technology Inc. Updates Nasdaq MVLS Compliance
Ticker: ORKT · Form: 6-K · Filed: May 13, 2025 · CIK: 1979407
| Field | Detail |
|---|---|
| Company | Orangekloud Technology INC. (ORKT) |
| Form Type | 6-K |
| Filed Date | May 13, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: compliance, listing-requirements, sec-filing
TL;DR
Orangekloud Technology Inc. is still dealing with Nasdaq's minimum market value rules, following up on a December 2024 notice.
AI Summary
Orangekloud Technology Inc. filed a Form 6-K on May 13, 2025, to provide an update on its compliance with Nasdaq's minimum Market Value of Listed Securities (MVLS) requirements. This follows a previous disclosure on December 13, 2024, where the company was initially notified by Nasdaq regarding its MVLS.
Why It Matters
This filing is important for investors as it relates to the company's continued listing on the Nasdaq stock exchange, which is crucial for liquidity and investor confidence.
Risk Assessment
Risk Level: medium — The company's continued listing on Nasdaq is at risk if it fails to meet the minimum market value requirements, which could negatively impact its stock.
Key Players & Entities
- Orangekloud Technology Inc. (company) — Registrant
- Nasdaq (company) — Stock Exchange
- December 13, 2024 (date) — Previous disclosure date
- May 13, 2025 (date) — Filing date
FAQ
What is the primary purpose of this Form 6-K filing?
The primary purpose is to provide an update on Orangekloud Technology Inc.'s compliance with Nasdaq's minimum Market Value of Listed Securities (MVLS) requirements.
When was the company previously notified by Nasdaq about MVLS compliance issues?
The company was previously notified by Nasdaq on December 13, 2024.
What is the company's principal executive office address?
The company's principal executive office is located at 1 Yishun Industrial Street 1 #04-27/28&34 Aposh Building Bizhub Singapore, 768160.
Does Orangekloud Technology Inc. file annual reports under Form 20-F or 40-F?
The company indicates it files annual reports under Form 20-F.
What does MVLS stand for in the context of this filing?
MVLS stands for Market Value of Listed Securities.
Filing Details
This Form 6-K (Form 6-K) was filed with the SEC on May 13, 2025 regarding ORANGEKLOUD TECHNOLOGY INC. (ORKT).