OrangeKloud Technology's (NASDAQ:ORKT - Get Free Report) quiet period will end on Tuesday, September 3rd. 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. During the company's quiet period, underwriters and any insiders involved in the IPO are prevented from issuing any research reports or earnings estimates for the company because of regulations issued by the Securities and Exchange Commission. Following the end of the company's quiet period, it's expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company.
OrangeKloud Technology Price Performance
Shares of OrangeKloud Technology stock traded up $0.43 during mid-day trading on Tuesday, reaching $5.60. 105,248 shares of the stock traded hands, compared to its average volume of 233,024. OrangeKloud Technology has a fifty-two week low of $4.10 and a fifty-two week high of $7.50.
About OrangeKloud Technology
(
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Orangekloud Technology Inc is a technology company which offers the eMOBIQ(R) No-Code platform to develop mobile applications specially designed for Small and Medium Enterprises and corporations. Orangekloud Technology Inc is based in SINGAPORE.
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