OrangeKloud Technology Inc. Announces Closing of $13.1 Million Initial Public Offering
Orangekloud Technology Inc. - Class A Ordinary Shares (ORKT)
Company Research
Source: GlobeNewswire
SINGAPORE, July 26, 2024 (GLOBE NEWSWIRE) -- OrangeKloud Technology Inc. (“ORKT” or “the Company”) today announced the closing of its previously announced initial public offering of an aggregate 2,750,000 Class A Ordinary Shares (“the Offering”) at a price of $4.75 per share (“the Offering Price”) to the public, for a total of approximately US$13.1 million of gross proceeds to the Company, before deducting underwriting discounts and offering expenses. The shares began trading on the NASDAQ Capital Market on July 25, 2024, under the symbol "ORKT." In addition, the Company has granted the underwriters an option, exercisable within 45 days from the closing date of the Offering, to purchase up to an additional 412,500 Class A ordinary shares at the Offering Price, representing 15% of the Class A ordinary shares sold in the Offering (“the Overallotment”). Assuming that the Overallotment is exercised, the Company is expected to receive gross proceeds amounting to approximately
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ORKT
News
- OrangeKloud partners with AI Singapore (AISG) to enhance No-Code App Building Technology with Artificial IntelligenceGlobeNewswire
- Orangekloud Technology Inc. and Electronics Industries Training Centre (ELITC) Sign MOU to Enhance Workforce Skills and Drive Digital Transformation in Singapore [Yahoo! Finance]Yahoo! Finance
- Orangekloud Technology Inc. and Electronics Industries Training Centre (ELITC) Sign MOU to Enhance Workforce Skills and Drive Digital Transformation in SingaporeGlobeNewswire
- OrangeKloud Technology Inc. Announces Pricing of $13.1 Million Initial Public Offering [Yahoo! Finance]Yahoo! Finance
- OrangeKloud Technology Inc. Announces Pricing of $13.1 Million Initial Public OfferingGlobeNewswire
ORKT
Sec Filings
- 9/11/24 - Form F-1
- 8/20/24 - Form 6-K
- 8/8/24 - Form SC
- ORKT's page on the SEC website