Kowloon, Hong Kong, June 13, 2018 (GLOBE NEWSWIRE) — Greenpro Capital Corp. (“Greenpro”) (OTCQB:GRNQ), a financial services company in Asia Pacific, today announced the closing on June 12, 2018 of a public offering of 535,559 shares of common stock at a public offering price of $6.00 per share, for total gross proceeds of approximately $3.2 million before deducting placement agent fees and other related expenses. The shares are scheduled to begin trading on the NASDAQ Capital Market on June 13, 2018, under the ticker symbol “GRNQ”.
“Listing on Nasdaq is an important milestone for Greenpro and a source of great pride for the Greenpro family of employees, executives and supporters that have contributed to this moment. We expect that trading on Nasdaq will expand our visibility, broaden and diversify our stockholder base, provide better liquidity and ultimately contribute to our ability to increase stockholder value.”, said C.K. Lee., Chief Executive Officer of Greenpro. “We will continue our commitment towards serving an important wealth management role for our clients with the intention of providing “wealth creation, wealth protection, and wealth succession”.
GreenPro’s common stock, which has been trading on the OTCQB Marketplace (the “OTCQB”) since July 2015, will continue to trade on the OTCQB until the market closes on June 12, 2018. Network 1 Financial Securities, Inc. acted as the placement agent for the offering.
A registration statement relating to the securities being sold in this offering was declared effective by the Securities and Exchange Commission (“SEC”) on May 14, 2018. The offering of these securities was made only by means of a prospectus, forming a part of the registration statement. A copy of the final prospectus relating to the offering may be obtained by contacting Network 1 Financial Securities, Inc., 2 Bridge Avenue, Suite 241, Red Bank, New Jersey 07701, Attention: Adam Pasholk, Managing Director, Investment Banking or by calling +1 (800)-886-7007. In addition, a copy of the final prospectus relating to the offering may be obtained via the SEC’s website at www.sec.gov.
This press release shall not constitute an offer to sell, or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
GreenPro Capital Corp.(OTCQB : GRNQ) is one of the fastest growing financial services company in Asia Pacific. GRNQ provides tailored professional advice and wide range of business solution services to businesses located in Asia and South-East Asia. Comprehensive range of cross border business services include, but not limited to, trust and wealth management, listing advisory services, transaction services, cross-border business solutions, record management services, accounting outsourcing services and tax planning. GRNQ also operate venture capital business in the region, which incubates and invests in emerging growth companies in the region, to maximize and capitalize stakeholders’ values globally at personal and corporate level.
Information about GreenPro Capital Corp. is available at www.greenprocapital.com
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