Greenpro Capital Corp. Announces 1-for-10 Reverse Stock Split

What Happened

• Greenpro Capital Corp. (GRNQ) announced and filed a Certificate of Amendment to effect a 1-for-10 reverse stock split of its common stock. The Board approved the split and stockholders holding a majority of the voting power consented on June 18, 2026. The Certificate was filed with the Nevada Secretary of State on July 13, 2026 and will be processed effective 9:00 p.m. PT on August 4, 2026. Trading on The Nasdaq Capital Market will be split-adjusted at market open on August 6, 2026 after the Rule 14c-2 20-calendar-day waiting period. The company issued a press release on August 3, 2026 announcing the split.

Key Details

• Reverse split ratio: 1-for-10 (every 10 pre-split shares become 1 post-split share).
• Estimated outstanding shares post-split: about 1,812,786 (based on 18,127,663 shares outstanding as of June 30, 2026, subject to rounding and other changes).
• Fractional shares: no fractional shares will be issued; shares resulting in fractions will be rounded up to the nearest whole share (the company will issue additional shares as needed).
• Corporate details unchanged: par value remains $0.0001 and total authorized shares unchanged. New CUSIP after the split: 39540F408. Press release furnished as Exhibit 99.1 to the Form 8‑K.

Why It Matters

• For shareholders: no action is required—shareholdings will automatically be combined on the effective date and will trade on Nasdaq on a split-adjusted basis starting August 6, 2026.
• For investors and market data: the reverse split reduces the number of outstanding shares and will increase the per-share metrics (shares outstanding and share price will be adjusted proportionally), but does not by itself change the company’s equity value or authorized share count.
• Operational note: the company’s choice to round fractional shares up means the post-split share count may be slightly higher than a strict 1-for-10 division; keep an eye on your brokerage account for the adjusted share balance and any communications from your broker.