One and One Green Technologies. INC Announces Closing of Initial Public Offering

Rhea-AI Summary

One and One Green Technologies (NASDAQ: YDDL) closed its initial public offering of 2,000,000 Class A ordinary shares at $5.00 per share, generating aggregate gross proceeds of $10,000,000 before underwriting discounts and offering expenses. The shares began trading on the Nasdaq Capital Market on October 9, 2025 under the ticker YDDL. The company granted a 30-day option for underwriters to purchase up to 300,000 additional shares (15% overallotment), which if exercised would raise total gross proceeds to $11.5 million. The offering was conducted on a firm commitment basis with Cathay Securities as sole underwriter and an SEC registration statement declared effective on September 29, 2025.

Positive

• Gross proceeds of $10.0M from the IPO
• Potential gross proceeds of $11.5M with full overallotment
• Shares began trading on Nasdaq Capital Market on Oct 9, 2025
• Firm commitment underwriting by Cathay Securities

Negative

• Underwriting discounts and offering expenses will reduce net proceeds
• Overallotment is a 30-day option and is not guaranteed

Insights

Capital Markets Strategist

Closing of IPO raises immediate capital and lists the company on Nasdaq, enabling public-market access.

One and one Green Technologies. INC closed an initial public offering of 2,000,000 Class A Ordinary Shares at $5.00 each, raising aggregate gross proceeds of $10,000,000, with a 30‑day over‑allotment option for up to 300,000 additional shares that could increase gross proceeds to $11.5 million.

The company now trades on the Nasdaq Capital Market under the ticker YDDL, which creates ongoing public reporting obligations and potential liquidity for shareholders. Key dependencies include the exercise of the 15% over‑allotment, net proceeds after underwriting discounts and offering expenses, and the company’s execution against stated business plans.

Watch near‑term filings and cash‑use disclosures in the next quarterly report and any SEC filings for dilution or expense details; the over‑allotment decision typically resolves within 30 days. The transaction is a clear capital event that materially changes financing flexibility and public profile.

San Rafael, Bulacan, Philippines, Oct. 10, 2025 (GLOBE NEWSWIRE) -- One and one Green Technologies. INC (the “Company”) (NASDAQ: YDDL), a waste materials and scrap metal recycling company in the Philippines, today announced the closing of its initial public offering (the “Offering”) of 2,000,000 class A ordinary shares, par value $0.0001 per share (“Class A Ordinary Shares”), at a public offering price of $5.00 per share to the public. The Company’s Class A Ordinary Shares began trading on the Nasdaq Capital Market on October 9, 2025, under the ticker symbol “YDDL.”

The Company received aggregate gross proceeds of $10,000,000 from the offering, before deducting underwriting discounts and other offering expenses. In addition, the Company has granted a 30-day option to the underwriters to purchase up to 300,000 additional Class A Ordinary Shares at the offering price, representing 15% of the Class A Ordinary Shares sold in the Offering (the “Over-allotment”).

Assuming that the Over-allotment is exercised in full, the Company is expected to receive gross proceeds amounting to $11.5 million before deducting underwriting discounts and other offering expenses.

The Offering was conducted on a firm commitment basis. Cathay Securities, Inc. acted as the sole underwriter for the Offering. Ortoli Rosenstadt LLP acted as U.S. securities counsel to the Company, and Hunter Taubman Fischer & Li LLC acted as U.S. securities counsel to the underwriters, in connection with the Offering.

A registration statement on Form F-1 relating to the Offering was filed with the U.S. Securities and Exchange Commission (the “SEC”) (File Number: 333-284375), as amended, and was declared effective by the SEC on September 29, 2025. The Offering is being made only by means of a prospectus, forming a part of the registration statement. A final prospectus relating to the Offering was filed with the SEC and is available on the SEC’s website at www.sec.gov. Electronic copies of the final prospectus relating to this Offering may be obtained from Cathay Securities, Inc., 40 Wall St, Suite 3600, New York, NY 10005, Telephone: +1 (855) 939-3888; Email: service@cathaysecurities.com.

This press release has been prepared for informational purposes only and shall not constitute an offer to sell or the solicitation of an offer to buy any of the Company’s securities, nor shall such securities be offered or sold in the United States absent registration or an applicable exemption from registration, nor shall there be any offer, solicitation or 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 other jurisdiction.

About One and one Green Technologies. INC

One and one Green Technologies. INC (“One and one”) is a waste materials and scrap metal recycling company headquartered in the Philippines. Through its operating entities, Yoda Metal and Craft Trading and Services Corp. and DL Metal Corporation, One and one engages in the recycling, production, and trading of scrap metals.

The Company’s capabilities are underscored by its government-issued license to import hazardous waste as raw materials into the Philippines and its permitted annual processing capacity of approximately 300,000 tons. One and one processes raw materials into high-value products including copper alloy ingots, aluminum scraps, and plastic beads, providing economical and flexible solutions to the challenges of electronic waste, metal scrap, and industrial recycling.

One and one has developed environmentally friendly technologies that set it apart in the industry, including an exhaust gas recirculation system that has been regularly approved by the Environmental Management Bureau of the Philippines. This system enhances efficiency while reducing contamination, allowing recovery of metals from emissions and ensuring compliance with stringent environmental standards. One and one intends to expand its sourcing of raw materials from Japan and South Korea and broaden its presence across Southeast Asia and other international markets.

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 the completion of the initial public offering on the anticipated terms or at all, 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

What did One and One Green Technologies (YDDL) raise in its IPO on October 10, 2025?

The company raised aggregate gross proceeds of $10,000,000 from the sale of 2,000,000 shares at $5.00 per share.

When did YDDL begin trading on Nasdaq and under what ticker?

YDDL began trading on the Nasdaq Capital Market on October 9, 2025 under the ticker YDDL.

What is the size and terms of the underwriters' overallotment for YDDL's offering?

The company granted a 30-day option for underwriters to buy up to 300,000 additional shares at the offering price, representing 15% of the shares sold.

How much would YDDL receive if the overallotment is exercised in full?

If the overallotment is fully exercised, gross proceeds would increase to $11.5 million before discounts and expenses.

Who acted as underwriter and when was the SEC registration declared effective?

Cathay Securities served as sole underwriter and the SEC declared the registration statement effective on September 29, 2025.

Does the press release state how One and One Green Technologies will use the IPO proceeds?

The press release does not specify the intended use of the offering proceeds.