Green Circle Decarbonize Technology Ltd

Green Circle Decarbonize Technology Ltd (GCDT) priced its initial public offering on Jan 13, 2026 at $4.00 per share, raising $10M, and listed on NYSE American. At the IPO price its market capitalization was about $50M. China was lead-left underwriter, joined by Revere, RBW Capital Partners and Dawson James. Conyers Dill & Pearman advised the company and Manatt, Phelps & Phillips advised the underwriters.

Green Circle Decarbonize Technology Ltd is a Hong Kong-based provider of energy saving solutions built on proprietary phase change material thermal energy storage technology and thermal engineering services, operating mainly through its subsidiary Boca International Limited.

Status

IPO

Ticker

GCDT

Exchange

NYSE American

Priced

Jan 13, 2026

IPO price

$4.00

Raised

$10M

Market cap at IPO price

$50M

First filed

Feb 8, 2024

Underwriters

China, Revere, RBW Capital Partners and Dawson James

Company counsel

Conyers Dill & Pearman

Underwriters' counsel

Manatt, Phelps & Phillips

Sector

Industrials & materials

Country / state

Hong Kong

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.