Orbis Technologies Limited has signed a non-binding Letter of Intent to acquire Orangekloud Technology Inc. through a reverse merger. The transaction, expected to finalize around February 28, 2026, involves Orangekloud acquiring Orbis’s VeVe, with Orbis co-founders gaining a majority stake in Orangekloud. Orangekloud Technology Inc. will maintain its dual-class share structure post-merger.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Orbis Technologies Limited signed a non-binding Letter of Intent to acquire Orangekloud Technology Inc. in a reverse merger transaction.
Orbis Technologies Limited has signed a non-binding Letter of Intent to acquire Orangekloud Technology Inc. through a reverse merger. The transaction, expected to finalize around February 28, 2026, involves Orangekloud acquiring Orbis’s VeVe, with Orbis co-founders gaining a majority stake in Orangekloud. Orangekloud Technology Inc. will maintain its dual-class share structure post-merger.