Green Circle Decarbonize Technology Ltd
Sector: Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig EquipIndustry: Industrial - MachineryCountry: HKExchange: NYSE
DilutionScan read 32 of Green Circle Decarbonize Technology Ltd's SEC filings and found 3 warrant series, 1 convertible, 1 equity line, 3 S-1 registrations and 3 completed offerings on file for GCDT. The latest dilution event on file is a registration statement on Oct 14, 2026. Analysis updated Oct 15, 2026.
Signal8 Summary
GCDT
Reverse split, severe dilution overhang
Snapshot
This is a tiny micro-cap industrial company making thermal energy storage products. FY 2025 revenue grew 51% to $3.2M, but the company lost $1.7M, more than half of revenue, and burned $3.1M in free cash flow.
What's Happening Right Now
- : GCDT announced plans to enter AI data center liquid cooling, but said it is only in early technical discussions with no signed contracts or customers yet.
- : Registered 74.50M shares for sale on Form S-1.
- : Subsidiary Boca International submitted competing tender proposals in Hong Kong for chiller replacement (HKD$7M) and an HVAC retrofit/O&M contract (HKD$60M); these are unawarded proposals, not signed contracts.
- : GCDT completed a 1-for-6 share consolidation effective October 7, 2026, approved in August 2026, stated to support continued NYSE American listing compliance.
- : GCDT signed a three-year strategic partnership with SANVO Fine Chemicals to mass-produce its BocaPCM-TES panels in China, aiming to lower its own capital spending.
- : GCDT raised authorized shares from 50 million to 5 billion and created a dual-class structure giving Class B shares 50 votes each, concentrating control with insiders.
- : Raised $2.00M in gross proceeds through a private placement (PIPE).
- : Closed an offering. Proceeds are not disclosed in the filings reviewed.