UNITED STATES
SECURITIES ANDEXCHANGECOMMISSION
Washington,D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant toSection13OR 15(d)oftheSecuritiesExchangeActof1934
Date ofReport(Dateofearliesteventreported):
January 17, 2017
Commissionfilenumber
000-55602
GREENPRO CAPITAL CORP.
(Exact nameofregistrantasspecifiedinitscharter)
(f/k/a GREENPRO INC.)
Nevada
(State orOtherJurisdictionofIncorporationorOrganization)
98-1146821 | 7374 | |
(IRS EmployerIdentificationNumber) | (Primary StandardIndustrial ClassificationCode Number) |
Room 2201, 22/F Malaysia Building
50 Gloucester Road
Wanchai, Hong Kong
(852)3111 7718
(Address &telephonenumberofprincipalexecutive offices)
Check theappropriateboxbelowiftheForm8-Kfilingis intendedtosimultaneouslysatisfythefilingobligationoftheRegistrantunderanyofthefollowingprovisions:
[ ] | WrittencommunicationspursuanttoRule425undertheSecuritiesAct(17CFR230.425) |
[ ] | SolicitingmaterialpursuanttoRule14a-12undertheExchangeAct(17CFR240.14a-12) |
[ ] | Pre-commencement communicationspursuantto Rule14d-2(b)undertheExchangeAct(17CFR240.14d-2(b)) |
[ ] | Pre-commencement communicationspursuantto Rule13e-4(c)undertheExchangeAct(17CFR240.13e-4(c)) |
Item3.02. | Unregistered Sales of Equity Securities. |
On January 13, 2017, Greenpro Capital Corp. (the “Company”) completed the issuance and sale of an aggregate of 199,922 shares at a price of $1.80 per share with each share consisting of one share of the Company’s common stock, par value $0.0001 per share (the “Common Stock”) in a private placement to How Kok Choong and Fortune Wealth (Asia) Limited (Collectively known as the “investors”), pursuant to the Subscription Agreements dated as of January 13, 2017 between the Company and the investors. How Kok Choong purchased 27,700 shares, while Fortune Wealth (Asia) Limited purchased 172,222 shares. The proceeds to the Company amounted to $359,859.60 and went directly to the Company as working capital.
The shares sold in the private placement were issued in reliance on an exemption from registration under the Securities Act of 1933, as amended, pursuant to Section 4(a)(2) thereof. The bases for the availability of this exemption include the facts that the issuance was a private transaction which did not involve a public offering and the shares were offered and sold to a limited number of investors.
Item 9.01 | Financial Statements And Exhibits. |
(a) | Financial Statements of Business Acquired. |
Not applicable
(b) | Pro Forma Financial Information. |
Not applicable
(d) | Exhibits. |
Exhibit No. | Description | ||
10.1 | Form of Subscription Agreement dated as of January 13, 2017 |
SIGNATURES
PursuanttotherequirementsoftheSecuritiesExchangeActof1934,theregistranthasdulycausedthisreporttobesignedonitsbehalfbytheundersigned,thereuntodulyauthorized.
GREENPRO CAPITAL CORP. | ||
(NameofRegistrant) | ||
Date: January 17, 2017 | By: | /s/Lee Chong Kuang |
Name: | Lee Chong Kuang | |
Title: | Chief ExecutiveOfficer, President,Director (PrincipalExecutiveOfficer) | |
Date: January 17, 2017 | By: | /s/Loke Che Chan, Gilbert |
Name: | Loke Che Chan, Gilbert | |
Title: | Chief Financial Officer, Secretary, Treasurer, Director (Principal Financial Officer, Principal Accounting Officer) |