One and One Green Technologies announces $13 million securities offering

One and One Green Technologies Inc. (NASDAQ: YDDL) announced it entered into a securities purchase agreement with two institutional investors for a follow-on offering expected to generate $13 million in gross proceeds.

The Philippines-based recycler will sell 1,733,334 units at $7.50 per unit. Each unit consists of one Class A ordinary share and one warrant to purchase one and a half Class A ordinary shares. The investors have the right to purchase an additional $3 million of units on the same terms within 45 days following the closing.

The company plans to use net proceeds for working capital and general corporate purposes. The offering is expected to close on or about April 13, 2026, subject to customary closing conditions.

FT Global Capital Inc. is serving as the exclusive placement agent for the offering. The securities are being offered pursuant to a registration statement on Form F-1 filed with the Securities and Exchange Commission on March 25, 2026, which was declared effective on March 27, 2026.

One and One Green Technologies holds a government-issued license in the Philippines to import and process hazardous waste as raw materials. The company transforms electronic waste, scrap metal and other raw materials into products including copper alloy ingots and aluminum scraps.

You May Also Be Interested In

• 3 E Network closes $1.38M convertible note offering on Nasdaq
• Walmart to pay $1.4 billion for Vibe.co acquisition - WSJ
• Ameris Bank plans Nashville office expansion by year-end