Mergers & Acquisitions ·
Orangekloud Technology Inc. entered into a definitive Agreement and Plan of Exchange of Securities with Orbis…
ORKTOrangekloud Technology Inc.
Orangekloud Technology Inc. entered into a definitive Agreement and Plan of Exchange of Securities with Orbis Technology Limited, operator of the VeVe digital collectibles platform, on August 21, 2026. Upon closing, Orbis will become a subsidiary, and Orangekloud will be renamed VeVe Inc., trading on Nasdaq under the ticker symbol “VEVE”. Up to 3,967,705 Orbis shares will exchange for up to 600,000,000 of Orangekloud’s ordinary shares at a deemed value of $1.00 per share. The transaction includes a concurrent private placement raising between $30 million and $100 million, with $3 million allocated to operations. Orbis will provide a non-refundable $1 million cash deposit within 60 days. Advisory warrants totaling approximately 90.9 million are issued to Meyzer Asset Management. The company operates in the technology sector, providing no-code mobile application development platforms and SaaS solutions.