Mergers & Acquisitions ·
Orangekloud Technology reports S$2.5M H1 revenue and proposes acquiring Orbis for up to 600M shares
ORKTOrangekloud Technology Inc.
Orangekloud Technology Inc. reported unaudited first-half 2026 results showing revenue of approximately S$2.5 million ($1.9 million), a slight decrease from the prior year, alongside a net loss of S$3.0 million ($2.3 million). The company also disclosed subsequent events, including a S$1.3 million working capital loan and a proposed acquisition of Orbis Technology Limited via share exchange for up to 600 million shares. This transaction remains subject to shareholder approvals and other closing conditions. Orangekloud Technology Inc. is a Singapore-based technology company that offers the eMOBIQ No-Code platform to develop mobile applications for small and medium enterprises.