---
title: "Green Circle Decarbonize Closes First Tranche of US$10 Million Note Offering and Sets Up US$100 Million Equity Facility"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293789190.md"
description: "Green Circle Decarbonize Technology Limited (GCDT) closed the first tranche of a private offering, issuing $10 million in unsecured promissory notes to Target Capital 1, LLC. This transaction raised $2 million in gross proceeds and included various warrants. The broader financing package establishes a US$100 million equity facility, supported by insider lock-up agreements and placement agency mandates, aiming to secure growth capital while managing dilution."
datetime: "2026-07-24T18:47:19.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293789190.md)
  - [en](https://longbridge.com/en/news/293789190.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293789190.md)
---

# Green Circle Decarbonize Closes First Tranche of US$10 Million Note Offering and Sets Up US$100 Million Equity Facility

Green Circle Decarbonize Technology Limited ( (GCDT) ) has provided an announcement.

On July 24, 2026, Green Circle Decarbonize Technology Limited closed the first tranche of a previously announced private offering with Target Capital 1, LLC, issuing an unsecured promissory note with an aggregate principal amount of US$10 million, warrants for up to 29,122,679 ordinary shares, a pre-funded warrant for up to 1,143,962 shares and 676,205 ordinary shares, raising US$2 million in gross proceeds. The broader financing package, which includes an equity purchase agreement for up to US$100 million of ordinary shares or pre-funded warrants, was executed alongside lock-up agreements for key insiders, a placement agency mandate with Revere Securities LLC and an escrow arrangement, underscoring Green Circle’s effort to secure significant growth capital while managing shareholder dilution and aligning major stakeholders for at least 180 days after the offering’s closing.

**More about Green Circle Decarbonize Technology Limited**

Green Circle Decarbonize Technology Limited is a Cayman Islands holding company listed on the NYSE under the ticker GCDT and headquartered in Hong Kong. The company operates in the decarbonization technology sector, focusing on technologies and solutions aimed at reducing carbon emissions and supporting energy transition markets.

**Average Trading Volume:** 1,816,328

**Technical Sentiment Signal:** Strong Sell

**Current Market Cap:** $6.41M

Find detailed analytics on GCDT stock on TipRanks’ Stock Analysis page.

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