Green Circle shares suspended over low selling price
Green Circle says it remains an SEC reporting company and intends to continue annual Form 20-F and current Form 6-K filings.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Green Circle Decarbonize Technology Ltd. said NYSE Regulation had determined to commence proceedings to delist its Class A ordinary shares from NYSE American, finding them no longer suitable for listing because of their low selling price. Trading was suspended immediately on November 3, 2026.
The company anticipates that the shares will begin trading publicly on the OTC Pink Limited Market under GCDT. It currently intends to request review by a Listing Qualifications Panel through a written submission within the applicable seven calendar-day period after receiving the notice.
How this balance works
Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.
It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.
Rhea-AI Sentiment measures something else, the tone of the wording.
Positive
- None.
Negative
- Major pointTrading suspension took effect immediately on November 3, 2026.
Filing Explained
Trading is suspended, but the shares remain outstanding; OTC trading access depends on commencement and broker support.
NYSE American has suspended trading while delisting proceedings are underway; Green Circle says its Class A shares remain issued and outstanding in shareholders’ existing brokerage accounts, and shareholders need take no action. OTC Pink trading is anticipated, not reported as underway, and holders may be able to trade through those accounts once it starts, subject to broker policies and capabilities.
The company remains subject to Exchange Act reporting requirements and says it intends to continue filing annual reports and furnishing current reports to the SEC.
Key Figures
Key Terms
OTC Pink Limited Market financial
delisting proceedings regulatory
Listing Qualifications Panel regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Will GCDT trade on the OTC Pink Limited Market?
How does GCDT intend to challenge NYSE American’s delisting decision?
AI-generated analysis. How Rhea-AI works. Not financial advice.
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 November 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 ☐
Information contained in this report
On November 4, 2026, Green Circle Decarbonize Technology Limited, a Cayman Islands exempted company (the “Company”) issued a press release announcing that, on November 3, 2026, it received notification from NYSE American LLC that NYSE Regulation had determined to commence proceedings to delist the Company’s Class A Ordinary Shares (“Ordinary Shares”) pursuant to Section 1003(f)(v) of the NYSE American Company Guide and that trading in the Ordinary Shares had been suspended effective immediately. The Company also announced its anticipated transition to the OTC Pink Limited Market and its intention to request a review of NYSE Regulation’s delisting determination. A copy of the press release is furnished as Exhibit 99.1 to this Report.
Exhibits.
| Exhibit No. | Description | |
| 99.1 | Press Release dated November 4, 2026 – Green Circle Decarbonize Technology Limited Transitions to OTC Trading Platform |
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 Limited | ||
| Date: November 4, 2026 | By: | /s/ Chan Kam Biu Richard |
| Chan Kam Biu Richard | ||
| Chief Executive Officer and Director | ||
Exhibit 99.1
Green Circle Decarbonize Technology Limited Transitions to OTC Trading Platform
Company Intends to Request Review of NYSE American Delisting Determination Within Applicable Seven Calendar-Day Period
Green Circle Remains an SEC Reporting Company and Continues to Focus on Strategic Transaction Opportunities
Hong Kong, November 4, 2026, Green Circle Decarbonize Technology Limited (“Green Circle” or the “Company”) (GCDT), a premier provider of customized energy-saving solutions, today announced that it has received notification on November 3, 2026 from NYSE American LLC (“NYSE American”) that the staff of NYSE Regulation has determined to commence proceedings to delist the Company’s Class A ordinary shares (the “Ordinary Shares”) from NYSE American. Trading in the Ordinary Shares was suspended immediately upon receipt of the notification on November 3, 2026. NYSE Regulation determined that the Company is no longer suitable for listing pursuant to Section 1003(f)(v) of the NYSE American Company Guide due to the low selling price of the Ordinary Shares.
The Company anticipates that the Ordinary Shares will begin trading publicly on the OTC Pink Limited Market (“OTC Market”) under the symbol “GCDT”. The transition to the OTC Market is not expected to affect the Company’s business operations, its relationships with business partners or employees, or its reporting obligations under the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Shareholders are not required to take any action in connection with the suspension or transition to the OTC Market. The Ordinary Shares remain issued and outstanding and will continue to be held in shareholders’ existing brokerage accounts. Once trading commences on the OTC Market, shareholders may be able to trade their Ordinary Shares through their existing brokerage accounts, subject to their brokers’ policies and capabilities.
The Company currently intends to request review of NYSE Regulation’s determination before a Listing Qualifications Panel (“Panel”) by submitting a written request within the applicable seven calendar day period following receipt of the notice, in accordance with NYSE American procedures.
The Company remains subject to the reporting requirements of the Exchange Act and intends to continue satisfying its applicable reporting obligations with the U.S. Securities and Exchange Commission (the “SEC”), including filing its annual reports on Form 20-F and furnishing current reports on Form 6-K.
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
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Exchange Act. These statements may relate to, but are not limited to, the anticipated trading of the Ordinary Shares in the over-the-counter market, the Company’s efforts and ability to regain compliance with NYSE American’s continued listing standards, the Company’s ability to appeal NYSE Regulation’s determination, and the Company’s ability to conclude a strategic transaction or business combination. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified.
In some cases, forward-looking statements can be identified by terminology such as “may,” “will,” “should,” “expect,” “plan,” “anticipate,” “could,” “would,” “intend,” “target,” “project,” “contemplate,” “believe,” “estimate,” “predict,” “potential” or “continue,” or the negative of these terms or other comparable terminology concerning the Company’s expectations, strategy, plans or intentions. You should not place undue reliance on any forward-looking statements. Forward-looking statements are based on information available at the time those statements are made and/or management’s good faith beliefs and assumptions as of that time with respect to future events and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements.
These risks and uncertainties include risks arising from the suspension of trading in, and potential delisting of, the Ordinary Shares from NYSE American; risks relating to trading in the Ordinary Shares in the over-the-counter market, including reduced liquidity and the potential for further declines in the trading price of the Ordinary Shares; the Company’s ability to conclude a strategic transaction or business combination; the Company’s ability to successfully appeal NYSE Regulation’s determination; and other risks and uncertainties detailed from time to time in the Company’s reports filed with the SEC. In light of these risks and uncertainties, the forward-looking events and circumstances discussed in this press release may not occur, and actual results could differ materially from those anticipated or implied in the forward-looking statements. Except as required by law, the Company does not undertake any obligation to update or revise any forward-looking statement.
For more information, please contact:
Green Circle Decarbonize Technology Limited
Chief Financial Officer
Email: louis.leung@vbg.com.hk