OrangeKloud Technology Inc. (ORKT) plans to raise $9 million in an IPO on Thursday, March 28, IPO Scoop reports. The company plans to issue 2 million shares at a price of $4.00 to $5.00 per share.
Last year, OrangeKloud Technology Inc. generated revenue of $5.2 million and net income of $480,000. The company's market capitalization is $99.5 million.
Maxim Group acted as the underwriter for the IPO.
Here's how OrangeKloud Technology Inc. describes itself regarding its IPO: Subsidiary: MSC Consulting Orangekloud Singapore MSCI Consulting (Note: OrangeKloud Technology Inc. has reduced the size of its small-cap IPO by one-third, or 33%, from 3 million shares to 2 million shares, reducing the price range to March 21, 2024. $4.00 to $5.00 – $9 million raised, according to S-1/A filings dated February 20, 2024. Background: OrangeKloud Technology Inc. filed an S-1 on February 20, 2024, in which -Cap IPO: Raised 3 million shares at a price range of $4.00 to $5.00 for $13.5 million.)
OrangeKloud Technology Inc. was founded in 2003 and has 67 employees. The company is located at 1 Yishun Industrial Street 1 #04-27/28&34 Aposh Building Bizhub Singapore, 768160 and can be contacted on +65 6317 2050 or on the web at http://www.msc-consulting.com. sg/.
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