US Market News
2月前
Greenpro Capital Corp. Successfully Acquires Stake in AI Forekast Limited, an Augmented Intelligence ProviderApril 6, 2026 8:30 AM
ACCESS NewswireKUALA LUMPUR, MY / ACCESS Newswire / April 6, 2026 / Greenpro Capital Corp. (NASDAQ:GRNQ) ("Greenpro" or the "Company") today announced the completion of a strategic share exchange with Forekast Limited ("Forekast"), an AI and augmented intelligence?data analytics provider. The transaction meets NASDAQ listing rules.This acquisition supports Greenpro's strategy to expand its AI-enabled financial platforms and strengthen its position in digital finance. Forekast generates approximately $21 million in annual revenue with EBITDA of $1.6 million. As part of the transaction, Greenpro issued 8,500,000 restricted shares of common stock in exchange for an equity interest in Forekast.The transaction is expected to accelerate revenue growth and dramatically enhance shareholder value. The Company also reaffirmed that it does not intend to raise equity capital below $15 per share, consistent with prior guidance.Forekast develops augmented intelligence solutions that enhance customer experience, workforce optimization, and enterprise decision-making through advanced analytics and machine learning. Greenpro intends to integrate these capabilities across its advisory services, ESG initiatives, and digital platform infrastructure.Malaysia's evolving regulatory landscape, including recent updates to the Personal Data Protection Act, continues to support a strong environment for AI innovation and digital business growth.Management CommentaryLee Chong Kuang, Chief Executive Officer of Greenpro Capital Corp., stated:"This transaction marks a key milestone in integrating artificial intelligence into our financial services platform. Forekast's capabilities will support innovation across our ESG initiatives and next-generation financial solutions."Muzahid Shah, Group Chief Executive Officer of Forekast Limited, added:"Our partnership with Greenpro creates a powerful platform for growth. By combining our AI capabilities with Greenpro's global reach and capital markets expertise, we aim to drive expansion and long-term value for our stakeholders."The transaction was completed in compliance with applicable NASDAQ listing rules and approved by shareholders holding a majority of the Company's voting power.About GreenPro Capital CorpHeadquartered in Kuala Lumpur and a Nevada corporation, GreenPro Capital Corp. (NASDAQ:GRNQ), is a business incubator with strategic offices across Asia. With a diversified business portfolio comprising of finance, technology, banking, and Green-X for STOs, health and wellness as well as 30 years of experience in various industries, GreenPro has been assisting and supporting businesses and High-Net-Worth-Individuals to capitalize and securitize their value on a global scale. This is done through the provision of cross-border business solutions, spinoffs on major stock exchanges and accounting outsourcing services to small and medium-size businesses located in Asia. The comprehensive range of cross-border business services include, but are not limited to, trust and wealth management, listing advisory services, transaction services, cross-border business solutions, record management services, accounting outsourcing services and tax advisory services. GreenPro also operates venture capital businesses, including business development for start-ups and high growth companies.For further information regarding the company, please visit http://www.greenprocapital.com.Forward-Looking StatementsThis press release contains forward-looking statements, particularly as related to, among other things, the business plans of the Company, statements relating to goals, plans and projections regarding the Company's financial position and business strategy. The words or phrases "plans," "would be," "will allow," "intends to," "may result," "are expected to," "will continue," "anticipates," "expects," "estimate," "project," "indicate," "could," "potentially," "should," "believe," "think," "considers" or similar expressions are intended to identify "forward-looking statements." These forward-looking statements fall within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934 and are subject to the safe harbor created by these sections. Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. Such forward-looking statements are based on current expectations, involve known and unknown risks, a reliance on third parties for information, transactions or orders that may be cancelled, and other factors that may cause our actual results, performance or achievements, or developments in our industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties related to the fluctuation of local, regional, and global economic conditions, the performance of management and our employees, our ability to obtain financing, competition, general economic conditions and other factors that are detailed in our periodic reports and on documents we file from time to time with the Securities and Exchange Commission. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date, and the Company specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement.GRNQ has 17,125,813 shares issued and outstanding with a float of 4,089,986 shares
Gilbert Loke, CFO, Director
Greenpro Capital Corp.
Email:
StockLogistics
4年前
“Below is the share issuance summary of the financing activities of the Company during 2021 and 2020:
Date Shares of Common Stock Issued Cash Proceeds
from Share
Issuance Recipient(s)
of Shares
June 15, 2020 (1) 4,444,444 $ - Three shareholders
September 14, 2020 (2) 35,000 - One shareholder
November 18, 2020 (3) 457,312 - Eight shareholders
November 24, 2020 (4) 50,000 55,000 One shareholder
November 24, 2020 (5) 145,455 160,000 One shareholder
November 30, 2020 (6) 257,591 - Two shareholders
December 1, 2020 (7) 200,000 - One shareholder
December 1, 2020 (8) 300,000 - One shareholder
December 11, 2020 (9) 935,871 - Three shareholders
December 31, 2020 (10) 215,000 262,300 One shareholder
February 26, 2021 (11) 342,592 - Two shareholders
April 7, 2021 (12) 3,000,000 - One shareholder
April 7, 2021 (13) 60,000 - One shareholder
April 16, 2021 (14) 704,738 - One shareholder
July 14, 2021 (15) 232,659 - One shareholder
July 19, 2021 (16) 79,530 - Twenty five shareholders
July 26, 2021 (17) 281,498 - One shareholder
August 5, 2021 (18) 562,995 - One shareholder
August 12, 2021 (19) 643,423 - One shareholder
August 20, 2021 (20) 3,375,000 - One shareholder
August 24, 2021 (21) 3,370,000 - One shareholder
August 31, 2021 (22) 1,709,667 - One shareholder
August 31, 2021 (23) 1,075,000 - One shareholder
October 6, 2021 (24) 227,299 - One shareholder
October 8, 2021 (25) 1,042,725 - One shareholder
November 17, 2021 (26) 200,000 - One shareholder
1. The Company issued 4,444,444 shares of restricted Common Stock at a price of $0.90 per share, or a total of $4,000,000, to acquire a 4% interest in a 12.3-kilogram carved natural blue sapphire (the “Millennium Sapphire”).
2. The Company issued 35,000 shares of restricted Common Stock at a price of $1.00 per share, or a total of $35,000, to settle marketing expense to a marketing service provider, CorporateAds, LLC (“CorporateAds”).
3. The Company issued 457,312 shares of restricted Common Stock at a price of $1.64 per share, or a total of $749,992, to acquire 15% equity interests in Ata Plus Sdn. Bhd (“APSB”).
4. The Company issued and sold 50,000 shares of restricted Common Stock in a private placement to Mr. Seah Kok Wah at a price of $1.10 per share for cash proceeds of $55,000.
5. The Company issued and sold 145,455 shares of restricted Common Stock in a private placement to AG Opportunities Fund SPC-AG Pre-IPO Fund SP1 at a price of $1.10 per share for cash proceeds of $160,000.
6. The Company issued 257,591 shares of restricted Common Stock at a price of $1.596 per share, or a total of $411,120, to acquire 18% equity interests in New Business Media Sdn. Bhd (“NBMSB”).
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7. The Company issued 200,000 shares of restricted Common Stock at a price of $1.567 per share, or a total of $313,400, to settle marketing expense to an investor relations agent, Mr. Dennis Burns.
8. The Company issued 300,000 shares of restricted Common Stock at a price of $1.2405 per share, or a total of $372,150, to settle consultancy fee to a business consultant, Mr. Daniel McKinney.
9.
The Company issued 685,871 shares of restricted Common Stock at a price of $1.458 per share, or a total of $1,000,000, to acquire 10% equity interests in First Bullion Holdings Inc. (“FBHI”).
The Company also issued 250,000 shares of restricted Common Stock at a price of $1.458 per share, or a total of $364,500 for purchase of an option to acquire an additional 8% of the issued and outstanding shares of FBHI, at an agreed valuation of FBHI equal to $20,000,000, which shall constitute partial payment for the option should the Company elect to exercise the option.
10. The Company issued and sold 215,000 shares of restricted Common Stock in a private placement to Ms. Wong Wai Hing Lena at a price of $1.22 per share for cash proceeds of $262,300.
11. The Company issued 342,592 shares of its restricted Common Stock at $2.7 per share, or a total of $925,000, to exercise the stock option pursuant to Section 2.2 of a stock purchase and option agreement dated October 19, 2020, between the Company, First Bullion Holdings Inc. (“FBHI”) and the shareholder of FBHI.
12. The Company subscribed for $7,206,000 worth of Class B shares of Innovest Energy Fund (the “Fund”) by issuing 3,000,000 shares of the Company’s restricted Common Stock at a price of $2.402 per share, or a total of $7,206,000 to the Fund.
13. The Company issued 60,000 shares of restricted Common Stock to a designee of the Fund at a price of $2.402 per share, or a total of $144,120 to settle a subscription fee to the Fund.
14. The Company fully repaid the convertible note issued to Streeterville Capital, LLC (“Streeterville”) on October 13, 2020 by issuance of 704,738 shares of its restricted Common Stock at a conversion price of $1 per share for settlement of the principal balance of $670,000 and accrued interest of $34,738, respectively on April 16, 2021. The market price of the Company’s Common Stock was $2.33 per share, or at a total value of $1,642,040, on April 16, 2021.
15. The Company partially repaid the convertible note issued to Streeterville on January 8, 2021 by issuance of 232,659 shares of its restricted Common Stock at a conversion price of $0.752175 per share for settlement of the principal balance of $175,000 on July 14, 2021. The market price of the Company’s Common Stock was $1.01 per share, or at a total value of $234,986, on July 14, 2021.
16. The Company issued 79,530 shares of its restricted Common Stock at a price of $0.87 per share, or a total of $69,191, to redeem 347,000 shares out of total 504,750 shares of preferred stock from 25 preferred stock shareholders of Greenpro Capital Village Sdn. Bhd.
17. The Company partially repaid the convertible note issued to Streeterville on January 8, 2021 by issuance of 281,498 shares of its restricted Common Stock at a conversion price of $0.621675 per share for settlement of the principal balance of $175,000 on July 26, 2021. The market price of the Company’s Common Stock was $0.93 per share, or at a total value of $261,793, on July 26, 2021.
18. The Company partially repaid the convertible note issued to Streeterville on January 8, 2021 by issuance of 562,995 shares of its restricted Common Stock at a conversion price of $0.621675 per share for settlement of the principal balance of $350,000 on August 5, 2021. The market price of the Company’s Common Stock was $0.8697 per share, or at a total value of $489,637, on August 5, 2021.
19. The Company partially repaid the convertible note issued to Streeterville on February 11, 2021 by issuance of 643,423 shares of its restricted Common Stock k at a conversion price of $0.621675 per share for settlement of principal balance of $400,000 on August 12, 2021. The market price of the Company’s Common Stock was $0.8101 per share, or at a total value of $521,237, on August 12, 2021.
20. The Company partially repaid the convertible note issued to Streeterville on February 11, 2021 by issuance of 3,375,000 shares of its restricted Common Stock at a conversion price of $0.621675 per share for settlement of principal balance of $2,098,153 on August 20, 2021. The market price of the Company’s Common Stock was $0.7599 per share, or at a total value of $2,564,662, on August 20, 2021.
21. The Company partially repaid the convertible note issued to Streeterville on February 11, 2021 by issuance of 3,370,000 shares of its restricted Common Stock at a conversion price of $0.621675 per share for settlement of principal balance of $2,095,045 on August 24, 2021. The market price of the Company’s Common Stock was $0.9164 per share, or at a total value of $3,088,268, on August 24, 2021.
22. The Company fully repaid the convertible note issued to Streeterville on January 8, 2021 by issuance of 1,709,667 shares of its restricted Common Stock at a conversion price of $0.621675 per share for settlement of the balance of principal of $960,000 and accrued interest of $102,857 on August 31, 2021. The market price of the Company’s Common Stock was $0.9573 per share, or at a total value of $1,636,664, on August 31, 2021.
23. The Company partially repaid the convertible note issued to Streeterville on February 11, 2021 by issuance of 1,075,000 shares of its restricted Common Stock at a conversion price of $0.621675 per share for settlement of principal balance of $668,301 on August 31, 2021. The market price of the Company’s Common Stock was $0.9573 per share, or at a total value of $1,029,097, on August 31, 2021.
24. The Company partially repaid the convertible note issued to Streeterville on February 11, 2021 by issuance of 227,299 shares of its restricted Common Stock at a conversion price of $0.43995 per share for settlement of principal balance of $100,000 on October 6, 2021. The market price of the Company’s Common Stock was $0.6761 per share, or at a total value of $153,676, on October 6, 2021.
25. The Company fully repaid the convertible note issued to Streeterville on February 11, 2021 by issuance of 1,042,725 shares of its restricted Common Stock at a conversion price of $0.43995 per share for settlement of the balance of principal of $154,989 and accrued interest of $303,758, respectively on October 8, 2021. The market price of the Company’s Common Stock was $0.6811 per share, or at a total value of $710,200, on October 8, 2021.
26. The Company issued 200,000 shares of its restricted Common Stock at a price of $1.0404 per share, or a total of $208,080, to settle marketing expense to Mr. Dennis Burns.
As of December 31, 2021, there were 78,671,688 shares of Common Stock issued and outstanding.
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