other material
confidence high
sentiment neutral
materiality 0.50
Greenpro Capital approves 1-for-10 reverse stock split to lift share price; effective around July 26, 2026
Greenpro Capital Corp.
- Reverse stock split approved by stockholders holding 60.97% of voting power via written consent.
- Ratio 1-for-10; fractional shares rounded up to whole share, no cash payments.
- Effective date anticipated on or about July 26, 2026, subject to Nevada filing and regulatory processes.
- Purpose: increase per-share trading price to support digital banking license application under Malaysia Labuan framework.
- Authorized shares unchanged, increasing available unissued shares; no anti-takeover plan.