{"success":true,"data":{"pressRelease":{"id":"150922","rtpr_id":"nGNX65RPF7-20260923","ticker":"GCDT","exchange":"NYSE American","all_tickers":["GCDT"],"title":"Green Circle Decarbonize Technology Limited Announces 1-for-6 Share Consolidation to Become Effective on October 7, 2026","author":"Globe Newswire","published_at":"2026-09-23T12:55:00.098Z","article_body":"Hong Kong, Sept. 23, 2026 (GLOBE NEWSWIRE) -- Green Circle Decarbonize\nTechnology Limited (the “Company”) (NYSE American: GCDT), a Cayman Islands\nholding company that, through its Hong Kong subsidiary, Boca International\nLimited, develops and manufactures Phase Change Material (PCM-TES) storage\nsystems designed for cooling and heating applications, today announced that it\nwill effect a 1-for-6 share consolidation (“Share Consolidation”) of its\nordinary shares, including its class A ordinary shares, par value US$0.001 per\nshare (“Class A Ordinary Shares”).\n\nThe Share Consolidation was approved by the Company's board of directors and\nsubsequently approved by the Company's shareholders at an Extraordinary\nGeneral Meeting held on August 10, 2026.\n\nShare Consolidation\n\nThe Share Consolidation will combine every six (6) issued and unissued shares\nof the Company’s authorized share capital into one (1) share, with the par\nvalue of each share increasing from US$0.001 to US$0.006. The Share\nConsolidation will become effective at 12:01 a.m. Eastern Time on Wednesday,\nOctober 7, 2026.\n\nThe Company’s Class A Ordinary Shares are expected to commence trading on a\nsplit-adjusted basis at the opening of trading on the NYSE American on\nWednesday, October 7, 2026, subject to applicable NYSE American procedures.\n\nThe Company’s Class A Ordinary Shares will continue to trade on the NYSE\nAmerican under the Company’s existing trading symbol, “GCDT.” The new\nCUSIP number for the Class A Ordinary Shares following the Share Consolidation\nwill be G4092C131.\n\nThe Share Consolidation will proportionately reduce the number of issued and\noutstanding Class A Ordinary Shares. The Company’s authorized share capital\nwill also be adjusted to reflect the Share Consolidation in accordance with\nthe Company’s amended and restated memorandum and articles of association.\n\nNo fractional shares will be issued as a result of the Share Consolidation.\nAny fractional share entitlement resulting from the Share Consolidation will\nbe rounded up to the next whole share in accordance with the shareholder\nresolution approving the Share Consolidation.\n\nThe 1-for-6 Share Consolidation will automatically combine six (6) existing\nClass A Ordinary Shares into one (1) new Class A Ordinary Share. The\nCompany’s transfer agent, Odyssey Trust Company, will serve as transfer and\nexchange agent in connection with the Share Consolidation.\n\nRegistered shareholders holding pre-consolidation Class A Ordinary Shares\nelectronically in book-entry form will not be required to take any action to\nreceive their post-consolidation shares. Shareholders holding Class A Ordinary\nShares through a broker, bank, trust company or other nominee will have their\npositions automatically adjusted to reflect the Share Consolidation, subject\nto the particular procedures of their broker, bank or nominee, and will not be\nrequired to take any action in connection with the Share Consolidation.\n\nHolders of physical share certificates should contact Odyssey Trust Company\nfor instructions regarding the exchange of certificates for post-consolidation\nshares.\n\nAdditional Information\n\nEach outstanding stock option, warrant, restricted share unit or other\nsecurity convertible into or exercisable for the Company’s ordinary shares\nthat remains outstanding immediately prior to the effective time of the Share\nConsolidation will, as applicable, be adjusted in accordance with the terms of\nthe applicable instrument, agreement or plan to reflect the 1-for-6 Share\nConsolidation.\n\nThe Share Consolidation will increase the par value of the Company’s shares\nfrom US$0.001 to US$0.006 per share and will result in a corresponding\nadjustment to the Company’s authorized share capital.\n\nThe primary purpose of the Share Consolidation is to increase the per-share\ntrading price of the Company’s Class A Ordinary Shares and support the\nCompany’s continued compliance with the NYSE American’s continued listing\nrequirements.\n\nAbout Green Circle Decarbonize Technology Limited\n\nGreen Circle Decarbonize Technology Limited is a Cayman Islands holding\ncompany operating through its Hong Kong subsidiary, Boca International\nLimited. The Company is a provider of advanced energy saving solutions\nsupported by proprietary phase change thermal energy storage materials and\nthermal engineering services.\n\nForward-Looking Statements\n\nCertain statements in this announcement are forward-looking statements. These\nforward-looking statements involve known and unknown risks and uncertainties\nand are based on the Company’s current expectations and projections about\nfuture events that may affect its financial condition, results of operations,\nbusiness strategy and financial needs. Investors can find many (but not all)\nof these statements by the use of words such as “aim”, “anticipate”,\n“believe”, “estimate”, “expect”, “going forward”,\n“intend”, “may”, “plan”, “potential”, “predict”,\n“propose”, “seek”, “should”, “will”, “would” or other\nsimilar expressions in this press release. The Company undertakes no\nobligation to update or revise publicly any forward-looking statements to\nreflect subsequent occurring events or circumstances, or changes in its\nexpectations, except as may be required by law. Although the Company believes\nthat the expectations expressed in these forward-looking statements are\nreasonable, it cannot assure you that such expectations will turn out to be\ncorrect, and the Company cautions investors that actual results may differ\nmaterially from the anticipated results and encourages investors to review\nother factors that may affect its future results in the Company’s\nregistration statement and other filings with the SEC.\n\nFor more information, please contact:\n\nGreen Circle Decarbonize Technology Limited\n\nChief Financial Officer\nEmail: louis.leung@vbg.com.hk\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/8e7123ea-d756-430e-93ec-015c295ac5b8)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX65RPF7-20260923","title":"Green Circle Decarbonize Technology Limited Announces 1-for-6 Share Consolidation to Become Effective on October 7, 2026","author":"Globe Newswire","ticker":"GCDT","created":"2026-09-23T12:55:00.098Z","tickers":["GCDT"],"exchange":"NYSE American","article_body":"Hong Kong, Sept. 23, 2026 (GLOBE NEWSWIRE) -- Green Circle Decarbonize\nTechnology Limited (the “Company”) (NYSE American: GCDT), a Cayman Islands\nholding company that, through its Hong Kong subsidiary, Boca International\nLimited, develops and manufactures Phase Change Material (PCM-TES) storage\nsystems designed for cooling and heating applications, today announced that it\nwill effect a 1-for-6 share consolidation (“Share Consolidation”) of its\nordinary shares, including its class A ordinary shares, par value US$0.001 per\nshare (“Class A Ordinary Shares”).\n\nThe Share Consolidation was approved by the Company's board of directors and\nsubsequently approved by the Company's shareholders at an Extraordinary\nGeneral Meeting held on August 10, 2026.\n\nShare Consolidation\n\nThe Share Consolidation will combine every six (6) issued and unissued shares\nof the Company’s authorized share capital into one (1) share, with the par\nvalue of each share increasing from US$0.001 to US$0.006. The Share\nConsolidation will become effective at 12:01 a.m. Eastern Time on Wednesday,\nOctober 7, 2026.\n\nThe Company’s Class A Ordinary Shares are expected to commence trading on a\nsplit-adjusted basis at the opening of trading on the NYSE American on\nWednesday, October 7, 2026, subject to applicable NYSE American procedures.\n\nThe Company’s Class A Ordinary Shares will continue to trade on the NYSE\nAmerican under the Company’s existing trading symbol, “GCDT.” The new\nCUSIP number for the Class A Ordinary Shares following the Share Consolidation\nwill be G4092C131.\n\nThe Share Consolidation will proportionately reduce the number of issued and\noutstanding Class A Ordinary Shares. The Company’s authorized share capital\nwill also be adjusted to reflect the Share Consolidation in accordance with\nthe Company’s amended and restated memorandum and articles of association.\n\nNo fractional shares will be issued as a result of the Share Consolidation.\nAny fractional share entitlement resulting from the Share Consolidation will\nbe rounded up to the next whole share in accordance with the shareholder\nresolution approving the Share Consolidation.\n\nThe 1-for-6 Share Consolidation will automatically combine six (6) existing\nClass A Ordinary Shares into one (1) new Class A Ordinary Share. The\nCompany’s transfer agent, Odyssey Trust Company, will serve as transfer and\nexchange agent in connection with the Share Consolidation.\n\nRegistered shareholders holding pre-consolidation Class A Ordinary Shares\nelectronically in book-entry form will not be required to take any action to\nreceive their post-consolidation shares. Shareholders holding Class A Ordinary\nShares through a broker, bank, trust company or other nominee will have their\npositions automatically adjusted to reflect the Share Consolidation, subject\nto the particular procedures of their broker, bank or nominee, and will not be\nrequired to take any action in connection with the Share Consolidation.\n\nHolders of physical share certificates should contact Odyssey Trust Company\nfor instructions regarding the exchange of certificates for post-consolidation\nshares.\n\nAdditional Information\n\nEach outstanding stock option, warrant, restricted share unit or other\nsecurity convertible into or exercisable for the Company’s ordinary shares\nthat remains outstanding immediately prior to the effective time of the Share\nConsolidation will, as applicable, be adjusted in accordance with the terms of\nthe applicable instrument, agreement or plan to reflect the 1-for-6 Share\nConsolidation.\n\nThe Share Consolidation will increase the par value of the Company’s shares\nfrom US$0.001 to US$0.006 per share and will result in a corresponding\nadjustment to the Company’s authorized share capital.\n\nThe primary purpose of the Share Consolidation is to increase the per-share\ntrading price of the Company’s Class A Ordinary Shares and support the\nCompany’s continued compliance with the NYSE American’s continued listing\nrequirements.\n\nAbout Green Circle Decarbonize Technology Limited\n\nGreen Circle Decarbonize Technology Limited is a Cayman Islands holding\ncompany operating through its Hong Kong subsidiary, Boca International\nLimited. The Company is a provider of advanced energy saving solutions\nsupported by proprietary phase change thermal energy storage materials and\nthermal engineering services.\n\nForward-Looking Statements\n\nCertain statements in this announcement are forward-looking statements. These\nforward-looking statements involve known and unknown risks and uncertainties\nand are based on the Company’s current expectations and projections about\nfuture events that may affect its financial condition, results of operations,\nbusiness strategy and financial needs. Investors can find many (but not all)\nof these statements by the use of words such as “aim”, “anticipate”,\n“believe”, “estimate”, “expect”, “going forward”,\n“intend”, “may”, “plan”, “potential”, “predict”,\n“propose”, “seek”, “should”, “will”, “would” or other\nsimilar expressions in this press release. The Company undertakes no\nobligation to update or revise publicly any forward-looking statements to\nreflect subsequent occurring events or circumstances, or changes in its\nexpectations, except as may be required by law. Although the Company believes\nthat the expectations expressed in these forward-looking statements are\nreasonable, it cannot assure you that such expectations will turn out to be\ncorrect, and the Company cautions investors that actual results may differ\nmaterially from the anticipated results and encourages investors to review\nother factors that may affect its future results in the Company’s\nregistration statement and other filings with the SEC.\n\nFor more information, please contact:\n\nGreen Circle Decarbonize Technology Limited\n\nChief Financial Officer\nEmail: louis.leung@vbg.com.hk\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/8e7123ea-d756-430e-93ec-015c295ac5b8)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-09-23T12:55:00.158794132Z","server_sent_at_ms":1790168100158},"received_at":"2026-09-23T12:55:00.214Z","source_url":null},"analysis":{"id":"139724","press_release_id":"150922","analysis_json":{"industry":{"label":"Building Products","sector":"Industrials"},"redFlags":["reverse split implemented to maintain NYSE American listing compliance — signals share price below listing threshold","small-cap foreign private issuer (Cayman holding, Hong Kong operations)"],"eventType":"reverse_split","narrative":"Green Circle Decarbonize Technology will effect a 1-for-6 share consolidation of its Class A ordinary shares, effective 12:01 a.m. ET on October 7, 2026, with split-adjusted trading the same day under the existing symbol GCDT.\n\nThe consolidation was approved by the board and shareholders at an August 10, 2026 Extraordinary General Meeting, and par value rises from US$0.001 to US$0.006 per share; fractional entitlements are rounded up.\n\nThe stated purpose is to increase the per-share trading price and support continued compliance with NYSE American continued listing requirements, a signal the stock has been at risk of falling below listing thresholds.","sentiment":"bearish","agentHooks":{"shouldPost":true,"suggestedAngle":"1-for-6 reverse split aimed at NYSE American listing compliance — watch post-split price behavior for continued weakness."},"keyFigures":{"customDimensions":{"new_cusip":"G4092C131","new_par_value":"US$0.006","effective_date":"2026-10-07","reverse_split_ratio":"1-for-6"}},"namedEntities":{"people":[],"products":["Phase Change Material (PCM-TES) storage systems"],"companies":[{"name":"Green Circle Decarbonize Technology Limited","ticker":"GCDT","relationship":"filer"},{"name":"Boca International Limited","relationship":"subsidiary"},{"name":"Odyssey Trust Company","relationship":"transfer agent"}],"dollarAmounts":[]},"materialImpact":{"score":3,"reasoning":"1-for-6 reverse split explicitly aimed at supporting compliance with NYSE American continued listing requirements, signaling the stock trades below listing thresholds. Ratio below the 1:10 threshold for score 4."},"tickerRelevance":{"others":[],"primary":"GCDT"},"globalImportance":18,"audienceRelevance":10,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"micro-cap","eventGravity":"reverse-split-listing-compliance","householdBrandBoost":0,"retailFavoriteBoost":0}},"event_type":"reverse_split","event_type_secondary":null,"sentiment":"bearish","material_impact_score":3,"narrative":"Green Circle Decarbonize Technology will effect a 1-for-6 share consolidation of its Class A ordinary shares, effective 12:01 a.m. ET on October 7, 2026, with split-adjusted trading the same day under the existing symbol GCDT.\n\nThe consolidation was approved by the board and shareholders at an August 10, 2026 Extraordinary General Meeting, and par value rises from US$0.001 to US$0.006 per share; fractional entitlements are rounded up.\n\nThe stated purpose is to increase the per-share trading price and support continued compliance with NYSE American continued listing requirements, a signal the stock has been at risk of falling below listing thresholds.","key_figures":{"customDimensions":{"new_cusip":"G4092C131","new_par_value":"US$0.006","effective_date":"2026-10-07","reverse_split_ratio":"1-for-6"}},"named_entities":{"people":[],"products":["Phase Change Material (PCM-TES) storage systems"],"companies":[{"name":"Green Circle Decarbonize Technology Limited","ticker":"GCDT","relationship":"filer"},{"name":"Boca International Limited","relationship":"subsidiary"},{"name":"Odyssey Trust Company","relationship":"transfer agent"}],"dollarAmounts":[]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-09-23T12:55:05.372Z","global_importance":18,"audience_relevance":10,"importance_components":{"tickerTier":"micro-cap","eventGravity":"reverse-split-listing-compliance","householdBrandBoost":0,"retailFavoriteBoost":0}},"durationMs":5146,"modelName":"glm-5.3-flashx"}}