One and One Green Technologies. INC Announces Closing of $13 Million Follow-on Offering
MWN-AI** Summary
One and One Green Technologies, Inc. (NASDAQ: YDDL), based in San Rafael, Bulacan, Philippines, announced the successful closing of a $13 million follow-on offering on April 13, 2026. This offering involved the sale of 1,733,334 units to two institutional investors, each unit comprising one Class A ordinary share and a warrant to purchase one and a half additional Class A ordinary shares, priced at $7.50 per unit. The company plans to utilize the net proceeds from this offering for working capital and general corporate purposes.
The investors also received rights to purchase an additional $3 million worth of units within 45 days under the same terms. This transaction was facilitated by FT Global Capital, Inc. as the exclusive placement agent. Details regarding the offering were disclosed in a prospectus aligned with One and One’s registration statement (File No. 333-294587) filed with the U.S. Securities and Exchange Commission (SEC) on March 25, 2026.
One and One is recognized for its role as a licensed recycler and hazardous waste importer in the Philippines, transforming electronic waste and scrap metals into valuable products like copper alloy ingots. The company is strategically positioned to address the growing global demand for sustainable resource management, providing eco-friendly recycling solutions to various manufacturers and industrial clients.
As part of its ongoing commitment to transparency and compliance, One and One emphasizes that any forward-looking statements involve risks and uncertainties and that actual results may vary significantly from the company's projections. Investors are encouraged to refer to detailed risk factors outlined in the company’s filings with the SEC. For further information, visit One and One Green Technologies' website at www.onepgti.com.
MWN-AI** Analysis
One and One Green Technologies, Inc. (NASDAQ: YDDL) has recently closed a follow-on offering that successfully raised $13 million, reflecting investor confidence in its business model as a hazardous waste recycler in the Philippines. This capital influx is strategically aimed at enhancing the company’s working capital and general corporate purposes amid growing environmental sustainability demands.
Considering this context, investors should analyze key aspects of One and One's market positioning. The company's unique license to import and process hazardous waste provides a competitive edge in an increasing regulatory environment favoring eco-friendly practices. The recent arrangement, involving institutional investors and additional options for future investment, suggests that market sentiment is optimistic regarding One and One's growth potential.
With a notable focus on recycling non-ferrous metals such as copper and aluminum, One and One positions itself favorably in a market where demand for sustainable resources is projected to escalate. However, despite the promising outlook, it’s essential for investors to be cautious. The forward-looking statements accompanying the announcement highlight inherent risks, including market conditions and uncertainties that could impact future performance.
Assessing valuation is crucial; with the Units priced at $7.50, investors should consider the potential dilution effects from the accompanying warrants, which allow the purchase of additional shares at a potentially lower future price. Therefore, a detailed analysis of the company’s financial metrics, competitive landscape, and operational scalability remains paramount before making any investment decisions.
While the reaction to the follow-on offering can be seen as a bullish signal, ongoing monitoring is recommended as market dynamics evolve. Overall, cautious optimism could guide prospective investors looking to participate in One and One Green Technologies' journey toward becoming a leader in sustainable resource management.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
SAN RAFAEL, BULACAN, PHILIPPINES, April 13, 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 the closing of its previously announced follow-on offering to 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 $7.50 per Unit, each unit consisting of one Class A ordinary share, par value $ 0.0001 per share (“Class A Ordinary Share”), and one warrant (“Warrant”) to purchase one and a half Class A Ordinary Shares (together, the “Securities”). The gross proceeds from the offering were $13 million, before deducting placement agent fees and other offering expenses. In addition, the investors have the right, for a period of 45 days following the closing, to purchase an additional $3 million of Units on the same terms and conditions. The Company intends to use the net proceeds from the offering for working capital and general corporate purposes.
FT Global Capital, Inc. acted as the exclusive placement agent for the offering.
The Securities were 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**
How does One and One Green Technologies INC (YDDL) plan to utilize the $million raised from its follow-on offering to enhance its hazardous waste recycling operations in the Philippines?
In the context of One and One Green Technologies INC (YDDL), what are the anticipated market conditions that could impact the company’s growth in the hazardous waste recycling sector over the next few years?
What measures does One and One Green Technologies INC (YDDL) have in place to ensure compliance with environmental regulations while expanding its hazardous waste processing capabilities in the Philippines?
Can One and One Green Technologies INC (YDDL) elaborate on its strategy for addressing potential risks and uncertainties that may affect its operational objectives following the recent fundraise?
**MWN-AI FAQ is based on asking OpenAI questions about One and One Green Technologies. INC (NASDAQ: YDDL).
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