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Greenpro Capital (NASDAQ: GRNQ) sets dates for 1-for-10 reverse stock split

(High)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Greenpro Capital Corp. is implementing a 1-for-10 reverse stock split of its common stock. A certificate of amendment filed in Nevada becomes effective at 9:00 p.m. Pacific Time on August 4, 2026, and the shares will begin trading on a split-adjusted basis on The Nasdaq Capital Market on August 6, 2026 under the symbol GRNQ with new CUSIP 39540F408.

Each ten shares outstanding immediately before the effective time will automatically be combined into one share, with fractional positions rounded up to the nearest whole share. Based on 18,127,663 shares outstanding as of June 30, 2026, the split would reduce outstanding shares to approximately 1,812,786, without changing the $0.0001 par value or authorized share counts. The company states the action is primarily intended to increase its per share trading price and notes ongoing strategic initiatives, including an application for a digital banking license under the Malaysia Labuan Financial Services Authority framework.

Positive

  • None.

Negative

  • None.

Filing Explained

Although the company says the 1-for-10 reverse split is intended to raise the per-share trading price, it also states that no assurance exists of a sustained increase, trading above $5, or a favorable effect on its strategic initiatives.

Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year Governance
The company amended its charter documents, bylaws, or changed its fiscal year.
Item 7.01 Regulation FD Disclosure Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Reverse stock split ratio 1-for-10 Each 10 shares of common stock will be combined into 1 share at the effective time.
Shares outstanding pre-split 18,127,663 shares Common stock issued and outstanding as of June 30, 2026, before the reverse split.
Estimated shares post-split 1,812,786 shares Approximate common shares expected after the 1-for-10 reverse split, subject to rounding and later share changes.
Par value per share $0.0001 Par value of Greenpro’s common stock, which remains unchanged by the reverse split.
Effective time in Nevada 9:00 p.m. Pacific Time on August 4, 2026 Time when the certificate of amendment to the Articles of Incorporation becomes effective.
Split-adjusted trading date August 6, 2026 Date when GRNQ begins trading on The Nasdaq Capital Market on a split-adjusted basis.
reverse stock split financial
"to effect a reverse stock split of the issued and outstanding shares"
A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.
Nasdaq Capital Market financial
"will begin trading on The Nasdaq Capital Market on a split-adjusted basis"
The Nasdaq Capital Market is a platform where smaller, emerging companies can list their shares for trading by investors. It provides these companies with access to funding and visibility, helping them grow, much like a local marketplace where new vendors can introduce their products to potential customers. For investors, it offers opportunities to discover early-stage companies with growth potential.
CUSIP number financial
"The new CUSIP number for the Common Stock following the Reverse Stock Split"
A CUSIP number is a nine-character code that uniquely identifies a specific U.S. or Canadian stock, bond, or other security, similar to a barcode or a social-security number for a financial instrument. It matters to investors because it removes confusion between similar securities, ensures trades and settlements are applied to the correct issue, and helps locate official documents and transaction records quickly.
Schedule 14C regulatory
"described in the Company’s Definitive Information Statement on Schedule 14C"
Schedule 14C is an SEC filing that companies use to send an official information statement to shareholders when they are not asking for proxy votes. It lays out key facts about corporate actions—such as reorganizations, related-party transactions, or changes in governance—so investors can understand what’s happening without being asked to vote, like receiving a detailed neighborhood notice about a rule change rather than a petition. Because it provides formal, regulated disclosure, Schedule 14C helps investors verify claims, weigh potential impacts on ownership or value, and hold management accountable.
digital banking license regulatory
"including an application for a digital banking license under the Malaysia Labuan"
Labuan Financial Services Authority regulatory
"under the Malaysia Labuan Financial Services Authority framework"

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FAQ

What reverse stock split did Greenpro Capital (GRNQ) approve?

Greenpro Capital approved a 1-for-10 reverse stock split of its common stock. Every ten shares outstanding will be automatically combined into one share, with any resulting fractional shares rounded up to the nearest whole share at the effective time.

When will GRNQ start trading on a split-adjusted basis?

GRNQ will begin trading on a split-adjusted basis on The Nasdaq Capital Market when the market opens on August 6, 2026. The Nevada certificate of amendment becomes effective at 9:00 p.m. Pacific Time on August 4, 2026.

How many GRNQ shares will be outstanding after the reverse split?

Based on 18,127,663 shares outstanding as of June 30, 2026, the 1-for-10 reverse split would reduce Greenpro’s outstanding common shares to approximately 1,812,786, subject to rounding up of fractional shares and any share changes after that date.

Does the Greenpro (GRNQ) reverse split change par value or authorized shares?

The reverse stock split does not change Greenpro’s par value or authorized share counts. The par value of common stock remains $0.0001 per share, and the total number of authorized common and preferred shares is unchanged by the transaction.

Why is Greenpro Capital (GRNQ) conducting a reverse stock split?

Greenpro states it is effecting the 1-for-10 reverse stock split primarily to increase the per share trading price of its common stock. Management believes a higher price may help address negative perceptions associated with low-priced securities, though no favorable outcome is assured.

What strategic initiatives is Greenpro Capital (GRNQ) pursuing alongside the reverse split?

Greenpro highlights ongoing strategic initiatives, including an application for a digital banking license under the Malaysia Labuan Financial Services Authority framework. These initiatives are described as supporting the company’s business and growth objectives alongside the capital markets action.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): July 13, 2026

 

GREENPRO CAPITAL CORP.

(Exact name of registrant as specified in its charter)

 

 Nevada   001-38308   98-1146821

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

B-23A-02, G-Vestor Tower

Pavilion Embassy,200 Jalan Ampang

50450 W.P. Kuala Lumpur, Malaysia

(Address of principal executive offices) (Zip Code)

 

(60) 3 8408-1788

Registrant’s telephone number, including area code

 

N/A

(Former name or former address, if changed since last report.)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Ticker symbol(s)   Name of each exchange on which registered
Common Stock, par value $0.0001   GRNQ   NASDAQ Capital Market

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

 

Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

 

As previously disclosed in the Definitive Information Statement on Schedule 14C of Greenpro Capital Corp. (the “Company”) dated July 9, 2026 (the “Information Statement”), the Company’s board of directors (the “Board”) approved, and stockholders holding a majority of the voting power of the then-outstanding shares of the Company’s common stock, par value $0.0001 (the “Common Stock”), approved by written consent dated June 18, 2026, an amendment to the Company’s Articles of Incorporation pursuant to Sections 78.2055, 78.385 and 78.390 of the Nevada Revised Statutes (the “NRS”) to effect a reverse stock split of the issued and outstanding shares of Common Stock at a ratio of one-for-ten (1-for-10) (the “Reverse Stock Split”). The Information Statement was mailed to stockholders on or about July 17, 2026.

 

On July 13, 2026, the Company filed a Certificate of Amendment to Articles of Incorporation with the Secretary of State of the State of Nevada to effect the Reverse Stock Split. The Certificate of Amendment will be processed by the Nevada Secretary of State effective at 9:00 p.m. Pacific Time on August 4, 2026. The Reverse Stock Split will become effective for trading purposes at the market opening on August 6, 2026 (the “Effective Date”), following the expiration of the 20-calendar-day period required by Rule 14c-2 under the Securities Exchange Act of 1934, as amended, at which time the Company’s Common Stock will begin trading on The Nasdaq Capital Market on a split-adjusted basis under the symbol “GRNQ.” The new CUSIP number for the Common Stock following the Reverse Stock Split will be 39540F408.

 

At the Effective Time, every ten (10) shares of Common Stock issued and outstanding immediately prior to the Effective Time will automatically, without any further action on the part of the Company or any holder thereof, be combined into one (1) share of Common Stock. No fractional shares will be issued in connection with the Reverse Stock Split. If the Reverse Stock Split would result in the issuance of a fraction of a share of Common Stock, the Company will issue such additional fraction of a share as is necessary to increase the fractional share to a whole share, such that the number of shares of Common Stock to be received by each holder will be rounded up to the nearest whole share. The par value of the Common Stock will remain $0.0001, and the total number of shares of capital stock that the Company is authorized to issue will not be changed by the Reverse Stock Split.

 

Based on 18,127,663 shares of Common Stock issued and outstanding as of June 30, 2026, and subject to rounding up of fractional shares and any issuances, cancellations or other changes in shares outstanding after such date, the Reverse Stock Split would reduce the number of issued and outstanding shares of Common Stock to approximately 1,812,786 shares.

 

The foregoing description of the Certificate of Amendment does not purport to be complete and is qualified in its entirety by reference to the Certificate of Amendment, a copy of which is filed as Exhibit 3.1 to this Current Report on Form 8-K and is incorporated herein by reference.

 

 

 

 

Item 7.01 Regulation FD Disclosure.

 

On August 3, 2026, the Company issued a press release announcing the Reverse Stock Split described above. The text of the press release is furnished as Exhibit 99.1 and incorporated herein by reference.

 

The information in this Item 7.01 of this Current Report, including Exhibit 99.1 attached hereto, is being furnished and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), nor shall it be deemed incorporated by reference in any filing of the Company under the Securities Act of 1933, as amended, or the Exchange Act, whether made before or after the date hereof, except as shall be expressly set forth by specific reference to this Current Report.

 

Forward-Looking Statements

 

This Current Report on Form 8-K, including the press release furnished as Exhibit 99.1, contains forward-looking statements within the meaning of the federal securities laws. Forward-looking statements include, without limitation, statements regarding the Reverse Stock Split, the expected timing and effects of the Reverse Stock Split, trading of the Common Stock on a split-adjusted basis, the new CUSIP number, the anticipated number of shares outstanding following the Reverse Stock Split, the Company’s ability to maintain compliance with Nasdaq listing standards, the potential impact of the Reverse Stock Split on the trading price, liquidity, marketability and investor perception of the Common Stock, and the Company’s strategic initiatives, including its application for a digital banking license under the Malaysia Labuan Financial Services Authority framework.

 

Forward-looking statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially include risks described in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025, its Quarterly Reports on Form 10-Q, and the Company’s other filings with the Securities and Exchange Commission. The Company undertakes no obligation to update any forward-looking statement, except as required by law.

 

Item 9.01 Exhibits.

 

(d) Exhibits

 

Exhibit No.   Description
3.1   Certificate of Amendment to Articles of Incorporation filed with the Secretary of State of the State of Nevada.
99.1   Press Release dated August 3, 2026.
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  GREENPRO CAPITAL CORP.
   
Date: August 3, 2026 By: /s/ Lee Chong Kuang
  Name: Lee Chong Kuang
  Title: Chief Executive Officer, President, Director

 

 

 

 

Exhibit 99.1

 

Greenpro Capital Corp. Announces 1-for-10 Reverse Stock Split

 

KUALA LUMPUR, Malaysia - August 3, 2026 - Greenpro Capital Corp. (NASDAQ: GRNQ) (“Greenpro” or the “Company”) today announced that it will effect a one-for-ten (1-for-10) reverse stock split of its issued and outstanding common stock, par value $0.0001 (the “Common Stock”) (the “Reverse Stock Split”).

 

The Company’s Common Stock will begin trading on The Nasdaq Capital Market on a split-adjusted basis when the market opens on August 6, 2026 and will continue to trade under the symbol “GRNQ.” The new CUSIP number for the Common Stock following the Reverse Stock Split will be 39540F408.

 

The Reverse Stock Split was previously approved by the Company’s board of directors and by stockholders holding a majority of the voting power of the then-outstanding shares of Common Stock and was described in the Company’s Definitive Information Statement on Schedule 14C dated July 9, 2026, which was mailed to stockholders on or about July 17, 2026.

 

At the effective time of the Reverse Stock Split, every ten (10) shares of Common Stock issued and outstanding immediately prior to the effective time will automatically be combined into one (1) share of Common Stock. No fractional shares will be issued in connection with the Reverse Stock Split. If the Reverse Stock Split would result in a fractional share, the Company will round such fractional share up to the nearest whole share. The par value of the Common Stock will remain unchanged at $0.0001, and the Reverse Stock Split will not change the total number of authorized shares of Common Stock or preferred stock.

 

Based on 18,127,663 shares of Common Stock issued and outstanding as of June 30, 2026, and subject to rounding up of fractional shares and any issuances, cancellations or other changes in shares outstanding after such date, the Reverse Stock Split would reduce the number of issued and outstanding shares of Common Stock to approximately 1,812,786 shares.

 

The Company is effecting the Reverse Stock Split primarily to increase the per share trading price of its Common Stock. The Company is also pursuing strategic initiatives, including an application for a digital banking license under the Malaysia Labuan Financial Services Authority framework. Management believes that a higher per share trading price may help address certain negative perceptions associated with low-priced securities. However, there can be no assurance that the Reverse Stock Split will result in a sustained increase in the trading price of the Common Stock, that the Common Stock will trade above $5.00 per share following the Reverse Stock Split, or that the Reverse Stock Split will have any favorable effect on the Company’s strategic initiatives, regulatory applications or relationships with third parties.

 

The Company’s transfer agent, VStock Transfer, LLC, is acting as transfer agent for the Reverse Stock Split. Stockholders holding their shares electronically in book-entry form are not required to take any action to receive post-Reverse Stock Split shares. Stockholders owning shares through a bank, broker, custodian or other nominee will have their positions automatically adjusted to reflect the Reverse Stock Split, subject to the procedures of their bank, broker, custodian or nominee. Stockholders of record may direct questions to VStock Transfer, LLC, located at 18 Lafayette Place, Woodmere, New York 11598, by calling (212) 828-8436.

 

About Greenpro Capital Corp.

 

Greenpro Capital Corp. is a Nevada corporation headquartered in Kuala Lumpur, Malaysia. Greenpro provides business consulting and corporate advisory services and pursues strategic initiatives designed to support its business and growth objectives.

 

Forward-Looking Statements

 

This press release contains forward-looking statements within the meaning of the federal securities laws. Forward-looking statements include, without limitation, statements regarding the Reverse Stock Split, the expected timing and effects of the Reverse Stock Split, trading of the Common Stock on a split-adjusted basis, the new CUSIP number, the anticipated number of shares outstanding following the Reverse Stock Split, the Company’s ability to maintain compliance with Nasdaq listing standards, the potential impact of the Reverse Stock Split on the trading price, liquidity, marketability and investor perception of the Common Stock, and the Company’s strategic initiatives, including its application for a digital banking license under the Malaysia Labuan Financial Services Authority framework. Forward-looking statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially include risks described in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025, its Quarterly Reports on Form 10-Q, and the Company’s other filings with the Securities and Exchange Commission. The Company undertakes no obligation to update any forward-looking statement, except as required by law.

 

Contact

 

Greenpro Capital Corp.

(60) 3 8408-1788

Investor Relations: ir.hk@greenprocapital.com

 

 

 

 

Filing Exhibits & Attachments

5 documents