Orangekloud shares surge 14.51% after-hours as company appeals Nasdaq delisting decision over minimum bid price compliance.

Orangekloud Technology Inc. (ORKT) surged 14.51% in after-hours trading following the company's announcement that it has appealed Nasdaq's decision to delist its shares. The exchange initiated the delisting process on January 29, 2026, citing the company's prolonged failure to maintain a minimum bid price of $1. The appeal suggests a potential resolution to the regulatory compliance issue, offering investors optimism about the stock's continued Nasdaq listing and operational stability. While no additional substantive details about the appeal were disclosed, the filing itself represents a critical step in addressing the delisting threat, aligning with the stock's sharp after-hours rebound.