Greenpro Capital Sets August 6 Effective Date for 1-for-10 Reverse Stock Split
GRNQ sits 24% above its 52-week low of $1.035 on light trading volume (0.1× avg).
Summary
Greenpro Capital Corp. announced that its 1-for-10 reverse stock split will become effective on August 4, 2026, with split-adjusted trading starting August 6, reducing outstanding shares to approximately 1.8 million.
Key Events · Corporate Governance and Compliance · GRNQ
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Reverse Stock Split Effective Date Set
The 1-for-10 reverse stock split will be effective August 4, 2026 at 9:00 p.m. Pacific Time, with split-adjusted trading beginning August 6, 2026 on Nasdaq under symbol GRNQ.
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Post-Split Share Count Estimated
Based on 18,127,663 shares outstanding as of June 30, 2026, the reverse split will reduce the share count to approximately 1,812,786 shares, with fractional shares rounded up.
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Nasdaq Compliance Motivation
The split aims to increase the per-share trading price to address Nasdaq listing requirements, following a going-concern warning and recent CEO insider purchases totaling $150,000.
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New CUSIP Number Assigned
The post-split common stock will trade under CUSIP 39540F408.
Analysis · GRNQ · Trade & Services
Greenpro Capital finalizes the timeline for its 1-for-10 reverse stock split, with trading on a split-adjusted basis to begin August 6. The split reduces outstanding shares from roughly 18.1 million to about 1.8 million, aiming to lift the stock price above $1.00 and address Nasdaq listing concerns. This follows a going-concern warning and recent CEO insider buying, underscoring the company's effort to stabilize its financial position and maintain exchange compliance.
How filings like this one have moved
In the 30 days to Oct 3, 2026, 28.9% of the 1666 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.57%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, GRNQ was trading at $1.28 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $23.2M. The 52-week trading range was $1.04 to $3.18. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.