GRNQ · Greenpro Capital Corp.

Greenpro Capital Corp. completed a strategic acquisition of a minority 0.99% stake in Greenophene Technologies Limited, a British Virgin Islands entity, by issuing 800,000 restricted common shares valued at $1.2 million. The deal, initially agreed on November 18, 2025, closed on April 16, 2026, after all conditions were met, marking the company's expansion into GTL's equity base. The stock issuance relied on the Rule 506 exemption under Regulation D, ensuring no general solicitation, with the shares designated as restricted under Rule 144. Post-transaction, outstanding common shares stand at 17,925,813, and the seller now owns approximately 4.5%, potentially aligning interests. The agreement includes standard protections via representations, warranties, and covenants, with full details in Exhibit 2.1 from the prior 8-K filing.