Correspondence 0001493152-24-009046 from ORANGEKLOUD TECHNOLOGY INC. (ORKT) (CIK 0001979407) (ORKT)
ORANGEKLOUD TECHNOLOGY INC. (ORKT) (CIK 0001979407)
Date: March 6, 2024 · CIK: 0001979407 · Accession: 0001493152-24-009046
AI Filing Summary & Sentiment
Referenced dates: March 4, 2023
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CORRESP
1
filename1.htm
March
6, 2024
Via
Edgar Transmission
Ms.
Alexandra Barone/Mr. Matthew Derby
Securities
and Exchange Commission
Division
of Corporation Finance
Office
of Trade & Services
Washington,
D.C. 20549
Re:
Orangekloud
Technology Inc. (the “Company”)
Amendment
No. 4 to
Draft
Registration Statement on Form F-1
Submitted
November 3, 2023
CIK
No. 0001979407
Dear
Ms. Barone/ Mr. Derby:
As
counsel for the Company and on its behalf, this letter is being submitted in response to the letter dated March 4, 2023 from the Securities
and Exchange Commission (the “Commission”) in which the staff of the Commission (the “Staff”) commented
on the above-referenced Draft Registration Statement on Form F-1 (the “Form F-1”).
For
the Staff’s convenience, the Staff’s comment has been stated below in its entirety, with the Company’s response set
out immediately underneath such comment.
Registration
Statement on Form F-1
Dilution,
page 31
1. Please
explain to us how you arrived at the “Increase in net tangible book value per ordinary
share to the existing shareholders” and “Dilution in net tangible book value
per ordinary share to new investors in this offering.” In this regard, we are unable
to recalculate these amounts.
Response:
We respectfully advise the Staff that we have updated the disclosure on the above.
*
* *
Please
contact the undersigned at (852) 3923-1188 if you have any questions with respect to the responses contained in this letter.
Sincerely,
/s/
Lawrence S. Venick
Lawrence
S. Venick
Direct
Dial: +852.3923.1188
Email:
lvenick@loeb.com