Orangekloud to Acquire VeVe Operator Orbis in Transformative Reverse Merger
ORKT sits 62% above its 52-week low of $0.617.
Summary
Orangekloud signed a definitive agreement to be acquired by Orbis Technology, operator of VeVe, in a reverse merger that will rename the company VeVe Inc. and shift control to Orbis shareholders.
Key Events · M&A and Partnerships · ORKT
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Reverse Merger with Orbis Technology
Orbis shareholders will exchange up to 3,967,705 Orbis shares for up to 600,000,000 Orangekloud ordinary shares at a deemed $1.00 per share, giving Orbis holders control of the combined company.
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Rebrand to VeVe Inc.
Upon closing, Orangekloud will be renamed VeVe Inc. and trade on Nasdaq under ticker VEVE, with Orbis designating senior executive officers and 4 of 7 board seats.
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Concurrent $30M-$100M Private Placement
Closing is conditioned on completing a private placement of Class A shares raising $30M-$100M, with $3M earmarked for the legacy Orangekloud operating subsidiary.
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Advisor Warrants and Fees
Advisor Meyzer Asset Management will receive 90,927,946 warrants at $1.00 exercise price plus a finder's fee up to 6% of operating expense financing raised.
Analysis · ORKT · Technology
A reverse merger will see Orangekloud acquired by Orbis Technology, the operator of the VeVe digital collectibles platform. Orbis shareholders are set to receive up to 600 million Orangekloud shares at a deemed $1.00 per share, giving them overwhelming control of the combined company, which will be renamed VeVe Inc. and trade under ticker VEVE. The deal hinges on a $30M-$100M private placement, shareholder approval, and Nasdaq listing. This fundamentally changes what Orangekloud is — from a small Singapore no-code SaaS company to the public vehicle for a digital collectibles marketplace.
How filings like this one have moved
In the 30 days to Aug 24, 2026, 44% of the 972 measured filings Wiseek scored 9 moved their stock by 5% or more by the next session's close. The median move was -0.11%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, ORKT was trading at $1.00 on NASDAQ in the Technology sector, with a market capitalization of approximately $5.8M. The 52-week trading range was $0.62 to $3.00. This filing was assessed with positive market sentiment and an importance score of 9 out of 10.