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Oct 10, 2025 12:00 PM

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

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 ...