Orangekloud Faces Nasdaq Delisting Over $1 Minimum Share Price Rule

Reuters

02/05

Orangekloud Faces Nasdaq Delisting Over $1 Minimum Share Price Rule

Orangekloud Technology Inc. is facing a potential regulatory setback after receiving a Staff Delisting Determination Letter from Nasdaq. The company’s stock closed below $1 per share for 30 consecutive business days, violating Nasdaq Listing Rule 5550(a)(2). Because Orangekloud previously conducted a reverse stock split within the past year, it is ineligible for the usual 180-day compliance period. The company plans to appeal the determination and submit a compliance plan to the Nasdaq Hearings Panel, but there is no assurance that the appeal will be successful or that the company will regain compliance.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Orangekloud Technology Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9649018-en) on February 04, 2026, and is solely responsible for the information contained therein.

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The company’s stock closed below $1 per share for 30 consecutive business days, violating Nasdaq Listing Rule 5550(a)(2). Because Orangekloud previously conducted a reverse stock split within the past year, it is ineligible for the usual 180-day compliance period. The company plans to appeal the determination and submit a compliance plan to the Nasdaq Hearings Panel, but there is no assurance that the appeal will be successful or that the company will regain compliance.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Orangekloud Technology Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9649018-en) on February 04, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4134","symbol_name":"信息科技咨询与其它服务","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260204:nNDL6NdT94:1","article_id":"2609931599","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2609931599","pubTimestamp":1770240671,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Orangekloud Technology Inc. is facing a potential regulatory setback after receiving a Staff Delisting Determination Letter from Nasdaq. 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The company’s stock closed below $1 per share for 30 consecutive business days, violating Nasdaq Listing Rule 5550(a)(2). Because Orangekloud previously conducted a reverse stock split within the past year, it is ineligible for the usual 180-day compliance period. The company plans to appeal the determination and submit a compliance plan to the Nasdaq Hearings Panel, but there is no assurance that the appeal will be successful or that the company will regain compliance.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Orangekloud Technology Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. 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