One and One Green Technologies Inc. (NASDAQ: YDDL) announced the completion of a follow-on offering that raised $13 million in gross proceeds before fees and expenses. The Philippines-based recycling company sold 1,733,334 units to two institutional investors at $7.50 per unit.

Each unit consists of one Class A ordinary share and one warrant to purchase 1.5 Class A ordinary shares. The investors retain the right to purchase an additional $3 million of units on the same terms within 45 days of the closing.

The company stated it intends to use the net proceeds for working capital and general corporate purposes. FT Global Capital Inc. served as the exclusive placement agent for the offering.

The securities were offered through a prospectus that is part of the company's registration statement on Form F-1, filed with the Securities and Exchange Commission on March 25, 2026, and declared effective on March 27, 2026.

One and One Green Technologies operates as a licensed hazardous waste importer and recycler of non-ferrous metals and industrial materials in the Philippines. The company processes electronic waste, scrap metal, and other raw materials into products including copper alloy ingots and aluminum scraps.