Business Context and Reporting Period
This Form 6-K filing by Orangekloud Technology Inc. covers the month of May 2026. The report details the adoption of an Amended and Restated 2025 Equity Incentive Plan by the Board of Directors on May 8, 2026.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance and equity plan amendments rather than financial performance.
Material Changes
- Equity Plan Adjustment: The maximum aggregate number of Class A ordinary shares issuable under the 2025 Equity Incentive Plan was increased from 307,051 to 875,965 shares, representing an increase of 568,914 shares.
- Plan Provisions: Section 2 and Article VIII of the plan were updated to include Restricted Stock Unit (RSU) Awards.
- Regulatory Exemption: The Company elected to be exempt from Nasdaq Rules 5635 regarding shareholder approval for equity-based compensation, relying on the home country rule exemption for the Cayman Islands.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for financial guidance, future outlook, management commentary on operations, or specific risk factors. The document serves as a notification of the equity plan amendment and the attached exhibit (Amended and Restated 2025 Equity Incentive Plan).
Investor Verification Checklist
- Verify the total number of authorized shares under the new Amended and Restated 2025 Equity Incentive Plan (875,965 Class A ordinary shares).
- Confirm the inclusion of Restricted Stock Unit Awards in the updated plan provisions.
- Review the attached Exhibit 99.1 for the full text of the Amended and Restated 2025 Equity Incentive Plan.
- Assess the potential dilution impact of the 568,914 share increase on existing shareholders.