---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-031459"
form_type: "8-K"
ticker: "GRNQ"
cik: "0001597846"
company_name: "Greenpro Capital Corp."
filed_at: "2026-07-01T15:20:31+00:00"
generated_at: "2026-07-01T15:22:08.545374+00:00"
event_type: "litigation"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Greenpro Capital settles NFT-related litigation with Millennium Fine Art; pays $100K and surrenders 2M shares

## Summary
- Company pays MFAI $100,000 and surrenders 2,000,000 restricted shares of MFAI Class B common stock for cancellation.
- Settlement resolves Nevada state court case (A-21-840033-B) and JAMS arbitration (Ref. 5260000038) over alleged 2021 NFT-related contract.
- Surrendered shares represent the entirety of Greenpro's equity interest in MFAI (approx. 5% of issued shares, 1% voting rights).
- Shares were originally acquired July 1, 2020 as consideration for sale of a 4% interest in the Millennium Sapphire.
- Settlement includes mutual general releases, confidentiality, non-disparagement, and no admission of liability; Board approved June 15, 2026.

## SEC filing metadata
- accession: 0001493152-26-031459
- form_type: 8-K
- ticker: GRNQ
- cik: 0001597846
- company_name: Greenpro Capital Corp.
- filed_at: 2026-07-01T15:20:31+00:00
- event_type: litigation
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1597846/000149315226031459/0001493152-26-031459-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1597846/000149315226031459/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-031459
- JSON: https://secwatch.observer/filing/0001493152-26-031459.json
- Plain text: https://secwatch.observer/filing/0001493152-26-031459.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.