Orangekloud Technology Faces Nasdaq Bid Price Deficiency
Ticker: ORKT · Form: 6-K · Filed: Oct 14, 2025 · CIK: 1979407
Sentiment: bearish
Topics: listing-deficiency, nasdaq, compliance
Related Tickers: ORNG
TL;DR
Nasdaq says ORNG stock price too low, might get delisted.
AI Summary
Orangekloud Technology Inc. received a deficiency letter from Nasdaq on April 11, 2025, stating it no longer meets the minimum bid price requirement. This is based on the closing bid price of the Company's stock for the period from February 27, 2025, to April 10, 2025. The company is a foreign private issuer based in Singapore.
Why It Matters
Failure to regain compliance with Nasdaq's minimum bid price rule could lead to delisting, impacting the company's liquidity and investor confidence.
Risk Assessment
Risk Level: medium — The company is at risk of delisting from Nasdaq if it cannot regain compliance with the minimum bid price requirement.
Key Players & Entities
- Orangekloud Technology Inc. (company) — Registrant
- Nasdaq (company) — Stock Exchange
- April 11, 2025 (date) — Date of deficiency letter
- February 27, 2025 (date) — Start of bid price monitoring period
- April 10, 2025 (date) — End of bid price monitoring period
FAQ
What specific minimum bid price does Orangekloud Technology Inc. need to meet?
The filing does not specify the exact minimum bid price requirement, only that the company no longer meets it.
What is the period during which Orangekloud Technology Inc.'s stock price was monitored?
The period was from February 27, 2025, to April 10, 2025.
What action did Nasdaq take regarding Orangekloud Technology Inc.'s listing status?
Nasdaq sent a deficiency letter notifying the company that it no longer meets the continued listing minimum bid price requirement.
What is Orangekloud Technology Inc.'s principal executive office location?
The company's principal executive offices are located at 70 Bendemeer Road #04-04 Luzerne, Singapore 339940.
Does Orangekloud Technology Inc. file annual reports under Form 20-F or Form 40-F?
Orangekloud Technology Inc. files annual reports under Form 20-F.
Filing Stats: 309 words · 1 min read · ~1 pages · Grade level 13.7 · Accepted 2025-10-14 06:55:16
Key Financial Figures
- $1 — (2), to maintain a minimum bid price of $1 per share. Nasdaq has provided the Comp
- $1.00 — o;s Class A ordinary shares has been at $1.00 per share or greater. Accordingly, the
Filing Documents
- form6-k.htm (6-K) — 16KB
- 0001493152-25-017908.txt ( ) — 17KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Orangekloud Technology Inc. Date: October 14, 2025 By: /s/ Goh Kian Hwa Name: Goh Kian Hwa Title: Chief Executive Officer 3