OrangeKloud Technology Inc.’s (NASDAQ:ORKT) Lock-Up Period Set To End Tomorrow

OrangeKloud Technology’s (NASDAQ:ORKT) lock-up period will end on Tuesday, January 21st. OrangeKloud Technology had issued 2,750,000 shares in its IPO 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 end of the lock-up period.

OrangeKloud Technology Stock Performance

NASDAQ ORKT opened at $1.12 on Monday. OrangeKloud Technology has a one year low of $1.12 and a one year high of $8.00. The stock’s 50 day simple 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.