UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
April 18, 2017
Commission file number
000-55602
GREENPRO CAPITAL CORP.
(Exact name of registrant as specified in its charter)
(f/k/a GREENPRO INC.)
Nevada
(State or Other Jurisdiction of Incorporation or Organization)
| 98-1146821 | 7374 | |
| (IRS Employer Identification Number) | (Primary Standard Industrial Classification Code Number) |
Room 2201, 22/F Malaysia Building
50 Gloucester Road
Wanchai, Hong Kong
(852) 3111 7718
(Address & telephone number of principal executive offices)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions:
| [ ] | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| [ ] | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a -12) |
| [ ] | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d -2(b)) |
| [ ] | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e -4(c)) |
| Item 3.02. | Unregistered Sales of Equity Securities. |
On April 18, 2017, Greenpro Capital Corp. (the “Company”) completed the issuance and sale of an aggregate of 27,472 shares at a price of $2.50 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 Fortune Wealth (Asia) Limited (Collectively known as the “investor”), pursuant to the Subscription Agreements dated as of April 18, 2017 between the Company and the investor. The proceeds to the Company amounted to $68,680 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 April 18, 2017 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| GREENPRO CAPITAL CORP. | ||
| (Name of Registrant) | ||
| Date: April 18, 2017 | By: | /s/ Lee Chong Kuang |
| Name: | Lee Chong Kuang | |
| Title: | Chief Executive Officer, President, Director (Principal Executive Officer) | |
| Date: April 18, 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) | |