Greenpro Capital Corp. Enters into Subscription Agreement with CEO
On April 28, 2026, Greenpro Capital Corp. executed a subscription agreement with its CEO, Mr. Lee Chong Kuang, for the private placement of 107,310 shares of common stock at $2.3297 per share, totaling $250,000 in gross proceeds. The offering closed on the same day. Post-transaction, the Company has 18,033,123 shares of common stock outstanding. Mr. Lee now holds 1,846,344 shares directly, representing 10.24% of the outstanding stock. Including shares held by his spouse, Ms. Yap Pei Ling, their combined ownership is 2,012,259 shares, or 11.16%. The shares were issued under exemptions from registration, specifically Section 4(a)(2) of the Securities Act and Regulation D/S, as the purchaser is an accredited investor and/or not a U.S. person. The proceeds are intended for operating capital. No underwriters were involved in this transaction.