Financing ·
Green Circle Decarbonize closes $8M private placement of convertible notes and warrants
GCDTGreen Circle Decarbonize Technology Ltd
The company closed a private offering with Target Capital 1, LLC for an aggregate subscription price of US$8,000,000. The transaction involves the issuance of unsecured convertible promissory notes with a principal amount of US$10,000,000 and common warrants to purchase up to 29,122,679 Class A Ordinary Shares (or approximately 4.85 million post-consolidation). Funding occurred in tranches between July and October 2026. The company filed a Form F-1 registration statement for the resale of underlying shares, which was declared effective by the SEC on October 5, 2026. Green Circle Decarbonize Technology Limited operates in the decarbonization technology sector.