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One and one Green Technologies. Inc. (YDDL) is a Cayman Islands holding company that conducts operations through its wholly-owned Hong Kong subsidiary, One and one International HK Limited, and contractual arrangements with two Philippine VIEs: Yoda Metal (incorporated 2014) and DL Metal (incorporated 2022). The company engages in waste materials and scrap metal recycling in the Philippines, processing electronic waste and metal scraps from sources including Korea, Japan, Southeast Asia, Europe, and the USA into products like copper alloy ingots (61% of FY2024 revenue), aluminum scrapes, and plastic beads. Annual processing capacity is 300,000 tons, supported by government licenses under the Basel Convention for hazardous waste imports. FY2024 revenue reached $53.5 million (up 29.5% from $41.3 million in FY2023), with net income of $6.5 million (up from $5.6 million); H1 2025 revenue was $28.1 million (up 50.7%). Gross margin was 19.8% in FY2024. The company has 91 employees as of June 30, 2025, no debt, and cash of $122,567. It is offering up to 2,216,749 Units at $8.12 each ($18 million gross, $16.4 million net) via best-efforts placement by FT Global Capital, Inc. Each Unit includes one Class A Ordinary Share (or Pre-Funded Warrant at $0.0001/share) and one Warrant for 1.5 shares at $10.15 (125% of Unit price, exercisable for 2 years). Proceeds fund machinery (15%), land acquisition (5%), new facility (15%), and working capital (65%). Going public on Nasdaq Capital Market (YDDL) to expand production, develop markets, and reduce costs amid strong growth in recycling demand.
Offering Amount
$51.8M
Shares Offered
500,000,000
Price Range
$5.00 – $5.00
Issuer Type
Shares Offered
2,216,749
Offering Amount
$18.0 million
Share Type
Class A Ordinary Shares
Exchange
Nasdaq Capital Market
Ticker
YDDL
Use of Proceeds: expansion of existing business by acquiring additional machinery and equipment (15%); expansion of real estate portfolio through acquisition of additional land properties (5%); construction of a new manufacturing facility (15%); working capital and other general corporate purposes (65%)
One and one Cayman conducts business through VIEs Yoda Metal and DL Metal in the Philippines, primarily engaging in recycling, production and trading of recycled scrap metals.