Business Context and Reporting Period
This Form 8-K was filed by Greenpro Capital Corp. (formerly Greenpro Inc.) on May 7, 2015. The report details a corporate name change approved by the Board of Directors and stockholders on May 6, 2015, intended to facilitate re-branding efforts.
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 and structural changes rather than financial performance.
Material Changes
- Name Change: The company officially changed its name from "Greenpro Inc." to "Greenpro Capital Corp."
- Stockholder Approval: The amendment was approved by written consent from holders representing approximately 89.19% of the voting power of outstanding common stock.
- Corporate Status: The change does not affect corporate status, stockholder rights, or the transferability of share certificates. Existing certificates bearing the old name remain valid.
- Trading Symbols: The trading symbol and CUSIP number for the common stock will remain unchanged.
Outlook, Risks, and Contingencies
The Board of Directors believes the name change will enhance the company's business development efforts. The amendment is currently under review by the Financial Industry Regulatory Authority (FINRA). The company has indicated it will file a subsequent Form 8-K to announce the completion of the FINRA review and the official effectiveness of the amendment in the market.
Investor Verification Checklist
- Confirm the completion of the FINRA review and the official effectiveness of the name change.
- Verify that trading platforms have updated the company name to "Greenpro Capital Corp."
- Review future filings for any strategic business developments resulting from the re-branding initiative.