OrangeKloud Technology's (NASDAQ:ORKT - Get Free Report) lock-up period will expire 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. After the end of the company's lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company will be lifted.
OrangeKloud Technology Stock Up 3.7 %
Shares of ORKT stock traded up $0.12 during trading hours on Tuesday, reaching $3.40. The company had a trading volume of 2,232,986 shares, compared to its average volume of 2,049,271. OrangeKloud Technology has a 12 month low of $1.45 and a 12 month high of $8.00. The firm has a fifty day moving average of $3.04.
About OrangeKloud Technology
(
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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.
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