One and One Green Technologies. INC Announces $13 Million Follow-on Offering
One and One Green Technologies (Nasdaq: YDDL) announced a follow-on offering of 1,733,334 units at $7.50 per unit, targeting gross proceeds of $13.0 million.
Sentiment and the balance of points
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Rhea-AI Summary
One and One Green Technologies (Nasdaq: YDDL) announced a follow-on offering of 1,733,334 units at $7.50 per unit, targeting gross proceeds of $13.0 million. Each Unit includes one Class A ordinary share and a warrant to buy 1.5 shares.
The investors may purchase an additional $3.0 million of Units within 45 days. The company expects closing on or about April 13, 2026, will use proceeds for working capital and general corporate purposes, and named FT Global Capital as exclusive placement agent. The offering is registered on Form F-1 (File No. 333-294587).
Positive
- Gross proceeds of $13.0 million expected
- Investors granted 45-day option for additional $3.0 million
- Units include warrants to purchase 1.5 shares each
Negative
- Issuance may cause share dilution through 1,733,334 units and warrants
- Additional $3.0M overallotment could further increase dilution
- Gross proceeds reduced by placement agent fees and offering expenses
Details
News Market Reaction – YDDL
On Apr 10, the day this news came out, YDDL closed 62.90% below the previous close.
Data tracked by StockTitan Argus for the Apr 10 session.
Key Figures
- Follow-on gross proceeds
- $13 million
- Announced follow-on offering gross proceeds before fees
- Investor overallotment
- $3 million
- Additional Units purchasable within 45 days on same terms
- Units in offering
- 1,733,334 Units
- Units to be sold in current follow-on offering
- Unit purchase price
- $7.50 per Unit
- Price per Unit in follow-on offering
- Contracts value
- $39 million
- Customer contracts secured in H2 2025
- Recycled products volume
- 7,481 tons
- Recycled copper alloy ingots and aluminum delivered in H2 2025
- Volume increase
- 12%
- H2 2025 delivery volume growth vs. H2 2024
- Registered Units
- 2,216,749 Units
- Units registered on Form F-1 dated Mar 25, 2026
Historical Context
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Announcement of presentation at Gabelli Environmental Services Symposium.
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Launch of Luzon copper-gold tailings slag recovery venture targeting supply deficit.
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Entry into Greater Manila e-waste recovery market using existing hazardous waste permit.
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Processing technology upgrade aimed at higher capacity, extraction, and gross margins.
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First European e-waste supply agreement with Spanish partner for initial shipment.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
securities purchase agreement financial
warrant financial
placement agent financial
prospectus regulatory
registration statement regulatory
form f-1 regulatory
securities and exchange commission regulatory
warrant to purchase financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
SAN RAFAEL, BULACAN, PHILIPPINES, April 10, 2026 (GLOBE NEWSWIRE) -- One and one Green Technologies. INC (Nasdaq: YDDL) (“One and One” or the “Company”) (NASDAQ: YDDL), a Philippines-based recycler holding a government-issued license in the Philippines to import and process hazardous waste as raw materials, today announced that it has entered into a securities purchase agreement with two institutional investors for the sale of 1,733,334 units (the "Units") in a follow-on offering of its securities at a purchase price of
FT Global Capital, Inc. is acting as the exclusive placement agent for the offering.
The Securities are being offered by means of and pursuant to a prospectus which is a part of the Company's registration statement on Form F-1 (File No. 333-294587), filed with the U.S. Securities and Exchange Commission (the "SEC") on March 25, 2026, which was declared effective on March 27, 2026. A final prospectus related to the offering will be filed with the SEC and may be obtained via the SEC's website at www.sec.gov.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About One and One Green Technologies. INC
One and One Green Technologies. INC (NASDAQ: YDDL) is a licensed hazardous waste importer and a licensed recycler of non-ferrous metals and industrial materials in the Philippines. One and One transforms electronic waste, scrap metal, and other raw materials into high-value products, including copper alloy ingots and aluminum scraps. With a significant permitted annual capacity and advanced processing capabilities, One and One provides economical, flexible, and environmentally responsible recycling solutions to manufacturers and industrial clients across domestic and international markets. One and One is strategically positioned to meet the growing demand for sustainable resource management.
For more information, please visit our website at www.onepgti.com.
Forward-Looking Statements
This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may, “will, “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and other factors discussed in the “Risk Factors” section of the registration statement filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.
Investor Relations Contact:
Matthew Abenante, IRC
President
Strategic Investor Relations, LLC
Tel: 347-947-2093
Email: matthew@strategic-ir.com
FAQ
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