Orangekloud Technology To Complete Private Placement Of $30M-$100M Class A Shares; Company Permitted To Conduct Operating Expense Financing Of Up To $6M
Key Transaction TermsExchange consideration and exchange ratio. Up to 3,967,705 Orbis capital shares, representing 100% of the Orbis capital shares outstanding immediately prior to closing, may be exchanged for the
Orangekloud is raising money by selling shares to investors, which gives the company cash to spend on its business. When a company raises money this way, watch whether they use it wisely and if their business grows.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.