Green Circle Decarbonize Technology Limited reports developments tied to its role as a Cayman Islands holding company operating through Hong Kong subsidiary Boca International Limited. The company develops and manufactures Phase Change Material thermal energy storage systems, or PCM-TES, for cooling and heating applications, and provides energy-saving solutions supported by proprietary phase change materials and thermal engineering services.
Recurring updates for GCDT include ordinary-share capital actions following its initial public offering, over-allotment activity, exchange-related market activity statements, and business disclosures connected to production capacity, thermal storage systems, and decarbonization-focused energy efficiency solutions.
Green Circle Decarbonize Technology (NYSE: GCDT) closed the underwriter’s full over-allotment, selling an additional 375,000 ordinary shares at the IPO price of $4.00 per share. The Offering raised $11,500,000 in gross proceeds prior to underwriting discounts, commissions and estimated offering expenses.
The SEC declared the company’s Form F-1 effective on December 30, 2025. RBW Capital Partners acted as representative underwriter; Revere Securities served as co-manager.
Green Circle Decarbonize Technology (NYSE: GCDT) announced the closing of its initial public offering on January 14, 2026. The Company sold 2,500,000 ordinary shares at $4.00 per share for gross proceeds of approximately $10,000,000. The underwriters hold a 45-day option to buy up to 375,000 additional shares at the offering price.
The Company filed a final prospectus with the SEC on January 13, 2026 and intends to use net proceeds for factory construction, machinery acquisition, repayment of certain indebtedness, and general working capital.
Green Circle Decarbonize Technology (NYSE: GCDT) priced its initial public offering of 2,500,000 shares at $4.00 per share, expected to raise aggregate gross proceeds of $10,000,000 before underwriting discounts, commissions and offering expenses. The shares are expected to begin trading on NYSE American on January 13, 2026 under the ticker GCDT, and the offering is expected to close on January 14, 2026, subject to customary closing conditions. The company granted underwriters a 45‑day option to purchase up to 375,000 additional shares. Net proceeds are earmarked for factory construction, machinery, debt repayment and working capital.