UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities
Exchange Act of 1934
Date of Report (Date of earliest event reported):
September 7, 2021 (September 1, 2021)
GREENPRO CAPITAL CORP.
(Exact name of registrant as specified in its charter)
| Nevada | 001-38308 | 98-1146821 | ||
|
(State or other jurisdiction of incorporation)
|
Commission File Number |
(IRS Employer Identification No.) |
B-7-5, Northpoint Office,
Mid Valley City, No.1 Medan Syed Putra Utara,
59200 Kuala Lumpur, Malaysia
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (603) 2201-3192
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions:
| ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a -12) |
| ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d -2(b)) |
| ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e -4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||
| Common Stock, par value $0.0001 | GRNQ | NASDAQ Capital Market |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Section 8 - Other Events
Item 8.01 Other Events.
On September 1, 2021, Greenpro Capital, Corp. (the “Company”) received notice that Millennium Fine Art Inc. (the “Plaintiff”) commenced legal proceedings against the Company at the Clark County District Court in Nevada on August 24, 2021. The Plaintiff alleges, amongst other things, a breach of contract based on a term sheet and a purchase and sale agreement both dated April 21, 2021 and seeks damages amounting to $66,000,000 and specific performance. We believe the Plaintiff’s allegations and claims are completely without merit and factual basis. We intend to vigorously defend ourselves and to pursue any and all rights and remedies against the Plaintiff.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| GREENPRO CAPITAL CORP. | ||
| (Name of Registrant) | ||
| Date: September 7, 2021 | By: | /s/ Lee Chong Kuang |
| Name: | Lee Chong Kuang | |
| Title: |
Chief Executive Officer, President, Director (Principal Executive Officer) |
|