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Green Circle Decarbonize Technology Limited Announces Closing of the Underwriter's Over-Allotment Option in Connection with its Initial Public Offering
Globenewswire· 2026-02-12 16:50
Company Overview - Green Circle Decarbonize Technology Limited is a Cayman Islands holding company that develops and manufactures Phase Change Material (PCM-TES) storage systems, focusing on applications in cooling and heating systems through its Hong Kong subsidiary, Boca International Limited [5] Offering Details - The company announced the closing of the sale of an additional 375,000 ordinary shares at the IPO price of $4.00 per share, resulting in gross proceeds of $11,500,000, which includes the previously announced IPO gross proceeds of $10,000,000 [1] - The offering was facilitated by RBW Capital Partners LLC as the representative underwriter, with Revere Securities LLC acting as the co-manager [2] Regulatory Information - A registration statement on Form F-1 related to the offering has been filed with the U.S. Securities and Exchange Commission (SEC) and was declared effective on December 30, 2025 [3]