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

OrangeKloud Technology’s (NASDAQ:ORKT) lock-up period is set to expire on Tuesday, January 21st. OrangeKloud Technology had issued 2,750,000 shares in its initial 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, company insiders and major shareholders will be able to sell their shares of the company.

OrangeKloud Technology Trading Down 1.8 %

NASDAQ ORKT opened at $3.28 on Tuesday. The firm’s 50-day simple moving average is $3.04. OrangeKloud Technology has a one year low of $1.45 and a one year high of $8.00.

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.