GRNQ · Greenpro Capital Corp.

Greenpro Capital Corp. executed a strategic minority investment in Forekast Limited, a British Virgin Islands company, through a share exchange that closed on March 31, 2026. The transaction involved Greenpro acquiring 1,360 ordinary shares of Forekast — representing 13.6% of its fully diluted equity — in exchange for issuing 8,500,000 newly authorized shares of its own common stock. This issuance significantly increased Greenpro’s outstanding share count from 8,625,813 as of March 30, 2026 to 17,125,813 as of March 31, 2026, reflecting near-doubling of shares outstanding and substantial dilution to pre-transaction ownership stakes. The shares were issued without registration under the Securities Act, relying on Rule 506 of Regulation D, and are classified as restricted securities, meaning they cannot be resold publicly without registration or an applicable exemption. Six Forekast shareholders — including BHL Ltd. (receiving 3,250,000 shares) and five others each receiving 750,000–1,125,000 shares — became new significant holders in Greenpro, with BHL Ltd. rising to hold 18.98% of Greenpro’s post-transaction shares. Notably, the agreement explicitly states Greenpro did not obtain control of Forekast, confirming this is a passive, non-consolidating investment. For investors, the material implications include immediate equity dilution, introduction of new large shareholders with potential influence, and uncertainty regarding Forekast’s business profile, financials, or strategic rationale — none of which are disclosed in the filing. The absence of valuation metrics, Forekast’s financial condition, or integration plans limits assessment of strategic benefit or risk exposure.