InvestmentApr 13, 2026, 04:45 PM
One & One Green Tech Closes $13M Follow-On Offering
AI Summary
One & One Green Technologies. INC announced the closing of its previously announced follow-on offering, generating $13 million in gross proceeds. The company sold 1,733,334 units to two institutional investors at $7.50 per unit, with each unit comprising one Class A ordinary share and one warrant. The net proceeds are intended for working capital and general corporate purposes. Additionally, investors hold a 45-day option to purchase an extra $3 million in units under the same terms.
Key Highlights
- Closed follow-on offering, raising $13 million in gross proceeds.
- Sold 1,733,334 units at a purchase price of $7.50 per unit.
- Each unit consisted of one Class A ordinary share and one warrant.
- Investors have a 45-day right to purchase an additional $3 million of units.
- Net proceeds will be used for working capital and general corporate purposes.
Price Impact
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