Business
Greenpro Regains Compliance with NASDAQ Listing Requirements
KUALA LUMPUR, MALAYSIA / ACCESSWIRE / November 10, 2021 / Greenpro Capital Corp. (NASDAQ:GRNQ)On November 9 , 2021, Greenpro Capital Corp (NASDAQ:GRNQ)
About this update from Greenpro Capital Corp.
[{"type":"text","content":"KUALA LUMPUR, MALAYSIA / ACCESSWIRE / November 10, 2021 / Greenpro Capital Corp. (NASDAQ:GRNQ)On November 9 , 2021, Greenpro Capital Corp (NASDAQ:GRNQ) received formal notification from the NASDAQ Stock Market LLC (\"NASDAQ\") that the Company has regained compliance with Listing Rule 5550(a)(2), which requires the Company to maintain a minimum closing bid price of $1.00 per share. NASDAQ staff made this determination of compliance after the Company's bid price closed above $1.00 per share for the prior 10 consecutive business days.NASDAQ had previously notified the Company of its non-compliance with Listing Rule 5550(a)(2) on August 30, 2021, following 30 consecutive business days for which the Company's closing bid price did not meet the $1.00 per share minimum requirement.About Greenpro Capital Corp.Headquartered in Kuala Lumpur, Greenpro Capital Corp. (Nasdaq: GRNQ), a Nevada corporation, with strategic offices across Asia, is a business incubator with a diversified business portfolio comprising finance, technology, banking, CryptoSX for STOs, health and wellness and fine art. With 30 years of experience in various industries, Greenpro has been assisting and supporting businesses and High-Net-Worth-Individuals to capitalize and securitize their value on a global scale through the provision of cross-border business solutions, spinoffs on major stock exchanges and accounting outsourcing services to small and medium-size businesses located in Asia. The comprehensive range of cross-border business services include, but are not limited to, trust and wealth management, listing advisory services, transaction services, cross-border business solutions, record management services, accounting outsourcing services and tax advisory services. We also operate venture capital businesses, including business development for start-ups and high growth companies, covering finance, technology, FinTech, and health and wellness. For further information regarding the Company, please visit http://www.greenprocapital.com.Forward-Looking StatementsThis press release contains forward-looking statements, particularly as related to, among other things, the business plans of the Company, statements relating to goals, plans and projections regarding the Company's financial position and business strategy. The words or phrases \"plans,\" \"would be,\" \"will ...