YDDL News & Events

One and one Green Technologies announced that it has executed a contract for the purchase of smelting equipment to support its previously announced production line in Metro Manila, Philippines. "The execution of this smelting equipment contract is a critical operational milestone in the build-out of our Philippine platform, moving us from strategic intent to installed processing capacity," said Tina Yan, chairman and CEO of One and One Green Technologies. "With our regulatory qualifications in place, raw material procurement channels established, and in-house chemical testing laboratory coming online this quarter, this equipment order completes the next foundational block of our vertically integrated recycling operation. We believe this positions the Company to capitalize on rising global demand for responsibly sourced copper, gold, and silver while addressing the equally important need for compliant management of industrial hazardous waste."

One and one Green Technologies announced that it has entered into a securities purchase agreement with two institutional investors for the sale of 1,733,334 units in a follow-on offering of its securities at a purchase price of $7.50 per Unit, each unit consisting of one Class A ordinary share and one warrant to purchase one and a half Class A Ordinary Shares. The gross proceeds from the offering are expected to be $13M, before deducting placement agent fees and other offering expenses. In addition, the investors have the right, for a period of 45 days following the closing, to purchase an additional $3M of Units on the same terms and conditions. The company intends to use the net proceeds from the offering for working capital and general corporate purposes. The closing of the offering is expected to occur on or about April 13, subject to the satisfaction of customary closing conditions. FT Global Capital is acting as the exclusive placement agent for the offering.

One and one Green Technologies.INC trading halted, volatility trading pause