Green Circle Decarbonize Technology Limited Closes Underwriter’s Over-Allotment Option in IPO

Hong Kong, Feb. 12, 2026 — Green Circle Decarbonize Technology Limited (the “Company” or “Green Circle”) (NYSE: GCDT), a Cayman Islands holding company that develops and manufactures Phase Change Material (PCM-TES) storage systems designed for cooling and heating applications through its Hong Kong subsidiary, Boca International Limited. The Company today announced the completion of the sale of an additional 375,000 ordinary shares, following the full exercise of the underwriter’s over-allotment option related to its initial public offering (“IPO”, together with this over-allotment closing, the “Offering”). The shares were sold at the IPO price of $4.00 per share, less underwriting discounts. Consequently, the Company has raised total gross proceeds of $11,500,000, which includes the previously announced IPO gross proceeds of $10,000,000, before deducting underwriting discounts, commissions, and estimated offering expenses.

RBW Capital Partners LLC, which offers securities and brokerage services through Dawson James Securities, Inc. (“RBW”), served as the representative underwriter for the Offering, with Revere Securities LLC as co-manager. Nauth LPC acted as legal counsel to the Company, while Manatt, Phelps & Phillips, LLP represented RBW in connection with the Offering.

A registration statement on Form F-1 (File No. 333-276943) for the Offering, as amended, was filed with the U.S. Securities and Exchange Commission (the “SEC”) and declared effective on December 30, 2025. The Offering will be conducted exclusively through a prospectus. Copies of the final prospectus, when available, can be obtained from RBW Capital Partners LLC (offering securities and brokerage services via Dawson James Securities, Inc.) at 101 North Federal Highway, Suite 600, Boca Raton, FL 33432, by telephone at +1 (561) 391-5555, or by visiting the SEC’s website at .

Prospective investors should review the prospectus and other documents the Company has filed or will file with the SEC to obtain comprehensive information about the Company and the Offering. This press release does not constitute an offer to sell or a solicitation of an offer to purchase any of the Company’s securities. Such securities may not be offered or sold in the United States without registration or an applicable exemption from registration requirements. Furthermore, no offers, solicitations, or sales of the Company’s securities may be made in any state or jurisdiction where such activities would be unlawful prior to registration or qualification under applicable securities laws. All offers, solicitations, offers to purchase, and sales of securities will comply with the registration requirements of the Securities Act of 1933, as amended.

About Green Circle Decarbonize Technology Limited

Green Circle Decarbonize Technology Limited is a Cayman Islands holding company that operates through its Hong Kong subsidiary, Boca International Limited. The Company provides advanced energy-saving solutions utilizing proprietary phase change thermal energy storage materials and thermal engineering services.

Forward-Looking Statements

This announcement contains forward-looking statements, including statements regarding the Company’s proposed Offering. These forward-looking statements are subject to known and unknown risks and uncertainties and reflect the Company’s current expectations and projections about future events that could impact its financial condition, operational results, business strategy, and financial requirements, including expectations for successful completion of the Offering. Investors can identify many (though not all) of these statements through terms such as “aim”, “anticipate”, “believe”, “estimate”, “expect”, “going forward”, “intend”, “may”, “plan”, “potential”, “predict”, “propose”, “seek”, “should”, “will”, “would”, and similar expressions used in this press release. The Company is not obligated to publicly update or revise any forward-looking statements to account for subsequent events or circumstances or changes in expectations, unless required by law. While the Company believes the expectations expressed in these forward-looking statements are reasonable, it cannot guarantee that these expectations will prove accurate, and it warns investors that actual outcomes may vary significantly from anticipated results. The Company encourages investors to examine other factors that might influence its future performance in the Company’s registration statement and other SEC filings.

For more information, please contact:

Green Circle Decarbonize Technology Limited
Investor Relations Department
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