Orangekloud Stock Faces a Crucial $1 Test as Nasdaq Holiday Freezes Trading
Orangekloud Technology shares closed at $1.03 Friday, just above Nasdaq’s $1 minimum bid-price requirement. U.S. markets are shut Monday for Memorial Day. The company expanded its equity incentive plan last week, raising the maximum shares and adding restricted stock units. Orangekloud previously faced a delisting warning this year after falling below the $1 threshold.
