Key Takeaways
Orangekloud Technology (Nasdaq: ORKT) has signed a non-binding letter of intent for a reverse merger with Orbis Technology, the parent company of the digital collectibles platform VeVe. The deal provides a clear pathway for VeVe's parent to become a publicly-traded company on the Nasdaq exchange.
- Deal Announced: On February 11, 2026, Orangekloud Technology and Orbis Technology signed a non-binding Letter of Intent for a reverse merger.
- Path to Public Markets: The transaction is designed to provide Orbis, the operator of the popular VeVe digital collectibles platform, with a Nasdaq listing.
- Strategic Pivot: For Orangekloud, the merger represents a strategic move from its current no-code application business into the high-growth Web3 sector.
