Greenpro Capital Corp. 8-K Summary
Business Context and Reporting Period
This Form 8-K was filed by Greenpro Capital Corp. (GRNQ) on September 3, 2021, reporting an event that occurred on August 17, 2021. The registrant is incorporated in Nevada and its common stock trades on the NASDAQ Capital Market.
Key Financial Metrics
This filing does not contain financial statements, revenue, profit, cash flow, margin, debt, or liquidity data. The report focuses exclusively on a corporate action regarding a stock dividend.
Material Changes
The primary material event is the declaration of a stock dividend by the Board of Directors. The Company declared a dividend of 7,441,721 shares of SEATECH Ventures Corp. (SEAV) common stock to shareholders of record as of August 31, 2021. The dividend ratio is one share of SEAV common stock for every 10 shares of Greenpro Capital Corp. common stock issued and outstanding on the Record Date.
Guidance, Outlook, and Risks
The filing does not provide forward-looking guidance, management commentary on future operations, or specific risk factors beyond the standard disclosure of the dividend event. No unusual items or contingencies are detailed in this specific report.
Key Facts for Investor Verification
- Dividend Ratio: 1 share of SEAV for every 10 shares of GRNQ held.
- Total Dividend Shares: 7,441,721 shares of SEAV common stock.
- Record Date: August 31, 2021.
- Announcement Date: August 17, 2021.
- Underlying Asset: The dividend consists of shares in SEATECH Ventures Corp., not cash or GRNQ stock.