Greenpro Capital acquires 0.99% stake in Greenophene Technologies for $1.2M in stock

Greenpro Capital Corp.

Consideration of $1.2M paid with 800,000 restricted GRNQ shares at $1.50 per share.
Shares held in escrow until closing; acquisition covers 10 shares (0.99%) of GTL.
Unregistered stock issuance under Rule 506 of Regulation D; shares are restricted under Rule 144.
Seller Lim Chee Yin; agreement includes customary reps, warranties, and covenants.

item 1.01 item 3.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

Greenpro Capital Corp. issued 800,000 shares of common stock to the Seller.

Security: common stock
Shares: 800,000 shares
Purchaser: the Seller

Exact text from the filing

The issuance of 800,000 shares of Common Stock to the Seller as consideration for the Acquisition is being made in reliance on the exemption from registration provided by Rule 506 of Regulation D promulgated under the Securities Act of 1933.

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Greenpro Capital Corp. filing history →

Source: SEC EDGAR

accession 0001493152-25-024386

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