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What's Going On With One And One Green Stock Friday?

Benzinga·04/10/2026 18:20:53
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One and One Green Technologies (NASDAQ:YDDL) shares are tumbling on Friday following a recent announcement regarding a follow-on offering. The company is expected to raise $13 million through the sale of units, which has likely contributed to the stock’s decline.

YDDL Prices At $7.50

One and One Green Technologies announced a securities purchase agreement with two institutional investors for the sale of 1.733 million units at $7.50 per unit.

The gross proceeds from this offering are anticipated to be $13 million, which the company plans to use for working capital and general corporate purposes.

The waste materials and scrap metal recycling company debuted on NASDAQ in October 2025 after an IPO of around $11.5 million.

On Friday, the Philippines-based recycler announced that several of its key shareholders have voluntarily agreed to extend their lock-up period in connection with the company’s initial public offering for an additional three months beyond the original expiration date of April 9.

“We appreciate the continued support from our key shareholders,” said Tina Yan, Chairman and CEO of One and One. “Their commitment reinforces alignment with our long-term growth and value creation.”

In February, One and One Green Technologies received a purchase order from Japan China Trading Co., Ltd., an industrial materials supplier based in Japan.

The purchase order provides for the supply of up to 16,000 metric tons of shredded electronic assemblies and scrap metal, with a total order value of approximately $17 million.

YDDL Stock Price Activity: One and One Green shares were down 62.26% at $5.25 at the time of publication on Friday, according to Benzinga Pro data.

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