secwatch.observer — SEC 8-K summary
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Issuer:     Greenpro Capital Corp. (GRNQ)
CIK:        0001597846
Form:       8-K
Filed at:   2026-09-28T13:10:15+00:00
Accession:  0001493152-26-044463
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Greenpro Capital completes sale of F&A Entities for HK$3,500,000 (~US$446,486) to director Chen Yanhong
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- Sold Greenpro Resources (HK), Falcon Corporate Services, Greenpro Financial Consulting and three Shenzhen entities for HK$3,500,000 (~US$446,486) cash.
- Buyer Chen Yanhong is a director of GMCSZ, SZFFC, GFCSZ and FCS and holds 14 shares of the Company.
- Intercompany balances waived at closing, reducing additional paid-in capital by $5,303,075; estimated loss on sale $130,679.
- F&A Entities to be reported as discontinued operations starting Q3 2026; pro forma net loss for six months ended June 30, 2026 was $453,632.
- 1-for-10 reverse stock split effective August 6, 2026, cut shares from 18,127,663 to 1,812,758.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1597846/000149315226044463/0001493152-26-044463-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1597846/000149315226044463/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-044463

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