One and one Green Technologies. INC (NASDAQ: YDDL) closed its initial public offering, issuing 2,000,000 Class A Ordinary Shares at $5.00 per share, resulting in $10,000,000 in gross proceeds. An option for 300,000 additional shares was granted to underwriters. With full exercise of the option, the company expects to receive $11.5 million. The Offering was on a firm commitment basis with Cathay Securities, Inc. as the sole underwriter. One and one Green Technologies is a recycling company in the Philippines, focusing on scrap metal and waste materials. The company uses environmentally friendly technologies and plans to expand internationally.

Read more at GlobeNewswire: One and One Green Technologies. INC Announces Closing of