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ORKT back in compliance with Nasdaq $1 minimum bid rule

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Orangekloud Technology Inc. regained compliance with Nasdaq’s minimum bid price rule. Nasdaq notified the company that its Class A ordinary shares closed at $1.00 per share or greater for 10 consecutive business days from September 29 to October 10, 2025, restoring compliance with Listing Rule 5550(a)(2). Nasdaq stated the matter is now closed.

The company had previously received notice on April 11, 2025 of a deficiency based on closing bid prices from February 27 to April 10, 2025, and was granted an 180‑day compliance period through October 8, 2025.

Positive

  • None.

Negative

  • None.

Insights

Nasdaq bid-price deficiency cured; listing compliance restored.

Orangekloud received confirmation that its Class A shares met the $1.00 minimum bid for 10 consecutive business days, satisfying Nasdaq Listing Rule 5550(a)(2). This closes the prior deficiency notice.

The mechanism is straightforward: sustained closing bids at or above $1.00 over the specified window (Sep 29–Oct 10, 2025) triggers compliance. No financing or operational changes are indicated here.

Subsequent activity will depend on share price performance over time; the filing documents the completed cure with no additional milestones mentioned.

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of October, 2025

 

Commission File Number: 001-42189

 

Orangekloud Technology Inc.
(Registrant’s Name)

 

70 Bendemeer Road

#04-04 Luzerne

Singapore 339940

+65 6317 2050
(Address of Principal Executive Offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

 

Form 20-F ☒ Form 40-F ☐

 

 

 

 

 

 

Nasdaq Minimum Bid Price Deficiency Letter

 

As previously disclosed, on April 11, 2025, Orangekloud Technology Inc. (the “Company”) received a letter from the Listing Qualifications staff of The Nasdaq Stock Market (“Nasdaq”) notifying the Company that based on the closing bid price of the Company for the period from February 27, 2025 to April 10, 2025, the Company no longer meets the continued listing requirement of Nasdaq under Nasdaq Listing Rules 5550(a)(2), to maintain a minimum bid price of $1 per share. Nasdaq has provided the Company with an 180 calendar days compliance period, or until October 8, 2025, in which to regain compliance with Nasdaq continued listing requirement.

 

On October 10, 2025, the Company received notification from Nasdaq that staff has determined that for the 10 consecutive business days, from September 29, 2025 to October 10, 2025, the closing bid price of the Company’s Class A ordinary shares has been at $1.00 per share or greater. Accordingly, the Company has regained compliance with Listing Rule 5550(a)(2), and this matter is now closed.

 

2

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  Orangekloud Technology Inc.
     
Date: October 14, 2025 By: /s/ Goh Kian Hwa
  Name: Goh Kian Hwa
  Title: Chief Executive Officer

 

3

 

 

 

FAQ

What did ORKT announce in its latest 6-K?

Orangekloud Technology Inc. reported it has regained compliance with Nasdaq Listing Rule 5550(a)(2) after meeting the minimum bid price requirement.

What is Nasdaq’s minimum bid price requirement for ORKT?

Nasdaq requires a minimum bid price of $1.00 per share under Listing Rule 5550(a)(2).

When did ORKT achieve the 10-day compliance streak?

Nasdaq confirmed ORKT’s shares closed at $1.00 or greater for 10 consecutive business days from September 29 to October 10, 2025.

What was ORKT’s original deficiency notice timeline?

The company received a deficiency notice on April 11, 2025 and had an 180-day compliance period through October 8, 2025.

Is the Nasdaq compliance matter for ORKT resolved?

Yes. Nasdaq stated the company has regained compliance and the matter is now closed.

Which ORKT securities are referenced in the notice?

The notice references the company’s Class A ordinary shares.
ORANGEKLOUD TECHNOLOGY INC

NASDAQ:ORKT

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