Orangekloud Faces Nasdaq Delisting as Share Price Slumps Below $1
Orangekloud Technology is racing against time to secure its Nasdaq listing. The company's share price has stayed below $1 for 30 straight business days, breaching exchange rules. A planned reverse merger with Orbis Technologies could reshape its future—but only if key deadlines are met by February 28, 2026.
Orangekloud's stock troubles mark its second brush with delisting in recent years. The firm barely regained compliance in October 2025 after a similar warning. Now, it must either lift its share price above $1 or finalise a binding merger agreement with Orbis Technologies by the end of February.
The proposed deal would see Orbis's co-founders and shareholders gain majority control of Orangekloud. However, Orbis—a privately held or thinly traded company—has released little public financial data since early 2024. Without access to real-time finance databases, its market performance remains unclear.
Beyond the merger, Orangekloud is pushing ahead with new technology. A pilot for a large language model (LLM) is set to launch in early 2026. The tool will be built into the company's eMOBIQ platform to speed up software development.
Failure to meet Nasdaq's requirements or complete the merger could force Orangekloud off the exchange. The coming months will determine whether the company can stabilise its position or face delisting once again.
Orangekloud's next steps hinge on two critical moves: restoring its share price or sealing the Orbis merger. The outcome will decide its place on the Nasdaq composite and the direction of its tech expansion. Both the LLM pilot and the merger's success must unfold before the February 28 deadline.
