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One and One Green Technologies Inc. (YDDL) completed its initial public offering of 2 million Class A ordinary shares at $5.00 per share, according to a company statement. The Philippines-based waste materials and scrap metal recycling company raised $10 million in gross proceeds before underwriting discounts and expenses.
The company’s shares began trading on the NASDAQ Capital Market on October 9, 2025. One and One Green Technologies granted underwriters a 30-day option to purchase up to 300,000 additional shares, representing 15% of the offering. If exercised in full, the overallotment would bring total gross proceeds to $11.5 million.
Cathay Securities Inc. served as the sole underwriter for the firm commitment offering. The Securities and Exchange Commission declared the company’s Form F-1 registration statement effective on September 29, 2025.
Based in San Rafael, Bulacan, Philippines, One and One Green Technologies operates through subsidiaries Yoda Metal and Craft Trading and Services Corp. and DL Metal Corporation. The company holds a government license to import hazardous waste as raw materials into the Philippines and maintains an annual processing capacity of approximately 300,000 tons.
The company processes materials into copper alloy ingots, aluminum scraps, and plastic beads. One and One Green Technologies operates an exhaust gas recirculation system approved by the Environmental Management Bureau of the Philippines. The company stated it intends to expand sourcing from Japan and South Korea and broaden its presence across Southeast Asia.