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Unusual trading in Green Circle (NYSE: GCDT) stock prompts "no-news" update

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Form Type
6-K

Rhea-AI Filing Summary

Green Circle Decarbonize Technology Limited filed a report after being contacted by the New York Stock Exchange about unusual trading activity in its ordinary shares. The company states it is not aware of any material undisclosed developments in its business or operations that would explain the recent trading.

Green Circle notes that it regularly evaluates strategic initiatives and financing opportunities in the ordinary course of business but cannot comment on market speculation or potential transactions. It plans to make further disclosures only when required under applicable securities laws or NYSE rules and will continue monitoring trading in its securities.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of March 2026

 

Commission File Number: 001-43046

 

Green Circle Decarbonize Technology Limited

(Registrant’s Name)

 

Green Circle Decarbonize Technology Limited

Unit 1809, Prosperity Place, 6 Shing Yip St.

Kwun Tong, Kowloon, Hong Kong

(Address of Principal Executive Offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

 

Form 20-F ☒ Form 40-F ☐

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐

 

 

 

 

 

 

On March 9, 2026, Green Circle Decarbonize Technology Limited, a Cayman Islands exempted company (the “Company”), issued a press release which announced that the Company had become aware of unusual trading activity in its ordinary shares on the NYSE American. The press release constitutes a “no-news” statement pursuant to Section 401(d) of the NYSE American Company Guide and is incorporated by reference herein. 

 

Exhibits.

 

Exhibit No.   Description
99.1   Press Release, dated March 9, 2026

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  Green Circle Decarbonize Technology Ltd.
     
Date: March 9, 2026 By: /s/ Chan Kam Biu Richard
    Chan Kam Biu Richard
    Chief Executive Officer and Director

 

 

 

 

Exhibit 99.1

 

Green Circle Decarbonize Technology Limited Issues Statement Regarding Unusual Market Activity

 

Hong Kong, March 9, 2026 – Green Circle Decarbonize Technology Limited (the “Company” or “Green Circle”) (NYSE: GCDT), a Cayman Islands holding company that, through its Hong Kong subsidiary, Boca International Limited, develops and manufactures Phase Change Material (PCM-TES) storage systems designed for cooling and heating applications, today announced that the New York Stock Exchange (“NYSE”) contacted the Company in accordance with its usual practice regarding recent trading activity in the Company’s ordinary shares.

 

The Company’s policy is not to comment on unusual market activity or market speculation. However, in response to the NYSE’s inquiry, the Company confirms that it is not aware of any material undisclosed developments regarding its business or operations that would account for the recent trading activity in its ordinary shares.

 

From time to time, the Company evaluates potential strategic initiatives and financing opportunities in the ordinary course of business. The Company cannot comment on market speculation or potential transactions, and there can be no assurance that any such transaction will occur. The Company does not intend to comment further unless disclosure is required under applicable securities laws or NYSE rules.

 

The Company will continue to monitor trading in its securities and will promptly disclose any material information if and when required under applicable securities laws and the NYSE Listed Company Manual.

 

About Green Circle Decarbonize Technology Limited

 

Green Circle Decarbonize Technology Limited is a Cayman Islands holding company operating through its Hong Kong subsidiary, Boca International Limited. The Company is a provider of advanced energy saving solutions supported by proprietary phase change thermal energy storage materials and thermal engineering services.

 

Forward-Looking Statements

 

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that may affect its financial condition, results of operations, business strategy and financial needs. Investors can find many (but not all) of these statements by the use of words such as “aim”, “anticipate”, “believe”, “estimate”, “expect”, “going forward”, “intend”, “may”, “plan”, “potential”, “predict”, “propose”, “seek”, “should”, “will”, “would” or other similar expressions in this press release. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.

 

For more information, please contact:

 

Green Circle Decarbonize Technology Limited

 

Investor Relations Department

Email: dr.richardchan@gmail.com

 

 

 

FAQ

What did Green Circle Decarbonize Technology Limited (GCDT) disclose about unusual trading activity?

Green Circle stated it is not aware of any material undisclosed developments that would explain recent unusual trading in its ordinary shares. The company issued a "no-news" statement after the NYSE contacted it under usual practice regarding trading activity in its stock.

Did Green Circle (GCDT) announce any new deals or major business changes in this 6-K?

Green Circle did not announce any new deals or major business changes. It confirmed it is unaware of material undisclosed developments and emphasized its policy of not commenting on market speculation or potential transactions unless disclosure is required by securities laws or NYSE rules.

How is Green Circle (GCDT) responding to the NYSE inquiry on its share trading?

Green Circle responded to the NYSE by confirming no known material undisclosed developments behind recent trading. The company will keep monitoring trading in its securities and has committed to promptly disclose any material information when required under applicable securities laws and NYSE listing rules.

Does Green Circle (GCDT) regularly consider strategic or financing opportunities?

Yes. Green Circle explained that it evaluates potential strategic initiatives and financing opportunities from time to time in the ordinary course of business. However, it cannot comment on market speculation or possible transactions and noted there is no assurance any such transaction will occur.

What business does Green Circle Decarbonize Technology Limited (GCDT) operate?

Green Circle is a Cayman Islands holding company operating through its Hong Kong subsidiary, Boca International Limited. It provides advanced energy-saving solutions based on proprietary phase change thermal energy storage materials and related thermal engineering services for cooling and heating applications.

Will Green Circle (GCDT) provide more updates about the unusual market activity?

Green Circle stated it does not intend to comment further on the unusual market activity. It will only provide additional information if required under applicable securities laws or NYSE rules and will continue monitoring trading in its securities for any required disclosures.

Filing Exhibits & Attachments

1 document
Green Circle DecarbonizeTechnology Limited

NYSE:GCDT

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