Hong Kong, Jan. 12, 2026 — Green Circle Decarbonize Technology Limited (the “Company” or “Green Circle”) (NYSE: GCDT), a Cayman Islands holding company that designs and produces Phase Change Material (PCM-TES) storage systems for application in cooling and heating solutions via its Hong Kong subsidiary, Boca International Limited. The Company today revealed the pricing of its initial public offering (the “Offering”) for 2,500,000 ordinary shares (“Shares”), set at a public offering price of $4.00 per Share. Trading of the Shares is anticipated to commence on the NYSE American Market on January 13, 2026, under the ticker symbol “GCDT”.
Prior to subtracting underwriting discounts, commissions, and the Company’s estimated offering expenses, the Company expects to secure total gross proceeds of $10,000,000 from this Offering. Moreover, the Company has granted the underwriters a 45-day option to purchase up to an additional 375,000 Shares at the public offering price, net of the underwriting discounts.
The Company plans to allocate the net proceeds from the Offering toward (i) building a factory to boost production capacity; (ii) acquiring essential production machinery; (iii) repaying certain debts and borrowings; and (iv) general working capital needs.
The Offering is slated to close on January 14, 2026, contingent on the fulfillment of standard closing conditions.
RBW Capital Partners LLC, which provides securities and brokerage services through Dawson James Securities, Inc., (“RBW”) is serving as the lead underwriter for the Offering, with Revere Securities LLC acting as the co-manager. Nauth LPC is functioning as the Company’s U.S. securities counsel, and Manatt, Phelps & Phillips, LLP is acting as counsel to the underwriter in relation to the Offering.
The Shares mentioned above are being offered by the Company under a registration statement on Form F-1, as amended (File Number: 333-276943), which was declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on December 30, 2025. The Offering is only being made through a prospectus that forms part of the effective registration statement. Once available, a copy of the final prospectus for the Offering can be obtained from RBW Capital Partners LLC (operating securities and brokerage services via Dawson James Securities, Inc.) at 101 North Federal Highway, Suite 600, Boca Raton, FL 33432, by calling +1 (561) 391-5555, or by visiting the SEC’s website at .
Before making an investment, you should review the prospectus and other documents the Company has filed or will file with the SEC to obtain more comprehensive details about the Company and the Offering. This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the Company’s securities. Such securities will not be offered or sold in the United States without registration or an applicable exemption from registration, nor will there be any offer, solicitation, or sale of the Company’s securities in any state or jurisdiction where such actions would be unlawful prior to registration or qualification under the securities laws of that state or jurisdiction. Any offers, solicitations, offers to buy, or 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 offers advanced energy-saving solutions supported by proprietary phase change thermal energy storage materials and thermal engineering services.
Forward-Looking Statements
Certain statements in this announcement are forward-looking, including but not limited to those regarding the Company’s proposed Offering. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that could affect its financial condition, operational results, business strategy, and financial requirements, including the expectation that the Offering will be successfully completed. Investors can identify many (though not all) of these statements by terms such as “aim”, “anticipate”, “believe”, “estimate”, “expect”, “going forward”, “intend”, “may”, “plan”, “potential”, “predict”, “propose”, “seek”, “should”, “will”, “would” or similar expressions in this press release. The Company has no obligation to publicly update or revise any forward-looking statements to reflect subsequent events, circumstances, or changes in its expectations, except as required by law. While the Company believes the expectations in these forward-looking statements are reasonable, it cannot guarantee they will be accurate, and it warns investors that actual results may differ significantly from anticipated results. Investors are encouraged to review other factors that could affect future results in the Company’s registration statement and other SEC filings.
For more information, please contact:
Green Circle Decarbonize Technology Limited
Investor Relations Department
Email:
