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One and One Green Technologies Announces Pricing Of $10M Initial Public Offering Of 2M Shares At A Price Of $5/Share

Benzinga·10/09/2025 15:16:48
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One and one Green Technologies. INC (the "Company") (NASDAQ:YDDL), a waste materials and scrap metal recycling company in the Philippines, today announced the pricing 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 Class A Ordinary Share, for total gross proceeds of $10,000,000 before deducting underwriting discounts and other related expenses. The Company has granted a 30-day option to the underwriters to purchase up to 300,000 additional Class A Ordinary Shares solely to cover over-allotments, if any. All of the Class A Ordinary Shares are being offered by the Company.

The Class A Ordinary Shares have been approved for listing on the Nasdaq Capital Market and are expected to commence trading on October 9, 2025, under the ticker symbol "YDDL." The Offering is expected to close on October 10, 2025, subject to the satisfaction of customary closing conditions.

The Offering is being conducted on a firm commitment basis. Cathay Securities, Inc. is acting as the sole underwriter for the Offering. Ortoli Rosenstadt LLP is acting as U.S. securities counsel to the Company, and Hunter Taubman Fischer & Li LLC is acting as U.S. securities counsel to the Underwriters, in connection with the Offering.