Orangekloud Seeks More Time to Finalize Merger Agreement with VeVe
Orangekloud Technology said on March 3, 2026 that it requires additional time to finalize its definitive merger agreement with VeVe, following a non-binding LOI signed on February 11. The company’s management affirmed ongoing constructive talks and plans to announce updates once the agreement is executed or material developments occur.
1. Proposed Merger Overview
Orangekloud signed a non-binding Letter of Intent with VeVe on February 11 to merge and leverage VeVe’s digital IP infrastructure alongside Orangekloud’s eMOBIQ® platform.
2. Current Negotiation Status
Both parties continue active discussions on final transaction terms but require extra time to finalize the definitive agreement, with management describing talks as constructive.
3. Next Steps and Outlook
Orangekloud plans to issue further updates upon execution of the definitive agreement or if any material developments arise, aiming to complete negotiations in the near term.