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

OrangeKloud Technology’s (NASDAQ:ORKT) lock-up period will expire 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. After the end of the company’s lock-up period, major shareholders and company insiders will be able to sell their shares of the company.

OrangeKloud Technology Stock Down 1.8 %

Shares of ORKT stock opened at $3.28 on Tuesday. OrangeKloud Technology has a 52-week low of $1.45 and a 52-week high of $8.00. The company has a 50-day moving average of $3.04.

About OrangeKloud Technology

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.