Greenpro Capital Corp. current report, 20 October 2023

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Greenpro Capital Corp. 8-K Summary

Business Context and Reporting Period

This Form 8-K Current Report, dated October 20, 2023, covers the results of Greenpro Capital Corp.'s Annual Meeting of Stockholders held on the same date. The Company is incorporated in Nevada and its common stock (GRNQ) trades on the NASDAQ Capital Market.

Key Financial Metrics

The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance voting outcomes rather than financial performance.

Material Changes and Voting Results

The primary material event reported is the outcome of two shareholder votes:

  • Election of Directors: Stockholders elected all six nominees for one-year terms expiring in 2024. The nominees received significant support, with votes "For" ranging from approximately 3.559 million to 3.562 million. Votes withheld ranged from approximately 45,774 to 48,444. There were 1,047,169 abstentions and broker non-votes for each nominee.
  • Ratification of Auditors: Stockholders ratified the appointment of JP Centurion & Partners PLT as the independent registered public accounting firm for the fiscal year ending December 31, 2023. The vote count was 4,422,972 "For," 219,311 "Against," and 12,346 "Abstain."

Guidance, Outlook, and Risks

The filing text does not provide a clear value for future guidance, management commentary on outlook, specific risks, contingencies, or unusual items. The document is limited to reporting the procedural results of the annual meeting.

Key Facts for Investor Verification

  • Confirm the tenure of the newly elected board members, which expires at the 2024 Annual Meeting.
  • Verify the engagement of JP Centurion & Partners PLT for the 2023 fiscal year audit.
  • Note the significant number of abstentions (over 1 million) recorded for the director elections, which may warrant review of proxy voting instructions or shareholder sentiment.
  • Check subsequent filings (e.g., 10-K or 10-Q) for the financial metrics absent in this 8-K.