M&A
confidence high
sentiment neutral
materiality 0.65
Greenpro Capital acquires 13.6% stake in Forekast for 8.5M shares
Greenpro Capital Corp.
- Acquired 1,360 ordinary shares of Forekast (13.6% fully diluted) on March 31, 2026.
- Issued 8,500,000 shares of common stock as consideration; shares issued under Rule 506 of Regulation D.
- Transaction is a minority investment; Greenpro does not obtain control of Forekast.
- Outstanding shares doubled from ~8.6M to ~17.1M as a result of the issuance.
- Forekast shareholders BHL Ltd., Moira Venture, Renhari, Joharne, Crescent East, Stratifi Global received shares.