Corporate ActionMay 19, 2026, 06:08 AM
One and one Green Tech Registers Resale of 1.09M Class A Shares from Warrants
AI Summary
One and one Green Technologies. INC, a Cayman Islands holding company operating in the Philippines, filed an F-1 registration statement for the resale of up to 1,086,667 Class A Ordinary Shares by selling shareholders. These shares are issuable upon the cash exercise of Greenshoe Warrants, Warrants, and Placement Agent Warrants. The company will receive proceeds from the exercise of these warrants but not from the subsequent resale of the shares. The company is classified as an emerging growth, foreign private, and controlled company, with its Class A Ordinary Shares listed on Nasdaq under the symbol YDDL.
Key Highlights
- Registers resale of up to 1,086,667 Class A Ordinary Shares by selling shareholders.
- Includes 400,000 shares from Greenshoe Warrants and 600,000 from Warrants.
- Also includes 86,667 shares from Placement Agent Warrants.
- Greenshoe Warrants exercise price is $7.50; Placement Agent Warrants $9.00; Warrants $8.25.
- Class A Ordinary Shares (YDDL) last traded at $4.04 on Nasdaq on May 14, 2026.
- Company has an annual processing capacity of 300,000 tons for recycling.
- Ms. Caifen Yan controls 91.01% of voting power, making the company "controlled".
Price Impact
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