Reported Earlier, OrangeKloud Technology Prices $13.1M Initial Public Offering Of 2.75M Class A Common Shares At $4.75/Share
Portfolio Pulse from Benzinga Newsdesk
OrangeKloud Technology has priced its $13.1M Initial Public Offering (IPO) of 2.75M Class A Common Shares at $4.75 per share. The shares will trade on the Nasdaq Capital Market under the ticker symbol 'ORKT' starting July 25, 2024, with the offering expected to close on July 26, 2024, subject to customary closing conditions.
July 25, 2024 | 7:52 am
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OrangeKloud Technology has announced its $13.1M IPO, pricing 2.75M Class A Common Shares at $4.75 per share. The shares will start trading on Nasdaq under the ticker 'ORKT' on July 25, 2024.
The announcement of the IPO and the pricing of shares at $4.75 is likely to generate investor interest and potentially drive the stock price up in the short term as it begins trading on Nasdaq.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100