ORKT stock has given up its prior gain. Orangekloud Technology shares were trading higher after the company announced it will acquire Orbis Technology.

Orangekloud Technology To Complete Private Placement Of $30M-$100M Class A Shares; Company Permitted To Conduct Operating Expense Financing Of Up To $6M

Key Transaction TermsExchange consideration and exchange ratio. Up to 3,967,705 Orbis capital shares, representing 100% of the Orbis capital shares outstanding immediately prior to closing, may be exchanged for the

Orangekloud Technology shares are trading higher after the company announced it will acquire Orbis Technology.

Orangekloud Technology To Rename As VeVe Inc. And Adopt Nasdaq Ticker “VEVE”