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One & One Green Technologies Completes Initial Public Offering on NASDAQ

Strategic Insights

— 1 min read

One and One Green Technologies, INC, a waste materials and scrap metal recycling company in the Philippines, has successfully completed its initial public offering (IPO) on the NASDAQ Capital Market. The Company issued 2 million Class A Ordinary Shares at a public offering price of $5.00 per share, raising $10 million in gross proceeds. The shares began trading on October 9, 2025, under the ticker symbol "YDDL."

Key Takeaways:

  • The IPO was conducted on a firm commitment basis, with Cathay Securities, Inc. as the sole underwriter.
  • The Company received aggregate gross proceeds of $10 million, before deducting underwriting discounts and other offering expenses.
  • The option to purchase up to 300,000 additional Class A Ordinary Shares at the offering price was granted to the underwriters, representing 15% of the Class A Ordinary Shares sold in the Offering.
  • Assuming 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.
  • A registration statement on Form F-1 relating to the Offering was filed with the U.S. Securities and Exchange Commission (SEC) and declared effective on September 29, 2025.
  • The Offering is being made only by means of a prospectus, forming a part of the registration statement, and a final prospectus is available on the SEC's website at www.sec.gov.

Statistics:

  • 2,000,000 Class A Ordinary Shares were issued at a public offering price of $5.00 per share.
  • Gross proceeds from the offering: $10,000,000.
  • Option to purchase up to 300,000 additional Class A Ordinary Shares at the offering price.
  • Estimated gross proceeds from the over-allotment: $11,500,000.
  • Public offering price: $5.00 per share.

Sources:

  • One & One Green Technologies. INC (2025, October 9). One & One Green Technologies. INC Announces Closing of Initial Public Offering.
  • Securities and Exchange Commission (2025). Registration Statement on Form F-1, File Number: 333-284375.

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