Greenpro Capital completes share exchange with Forekast

Greenpro Capital (GRNQ) announced the completion of a strategic share exchange with Forekast, an AI and augmented intelligence and data analytics provider. The transaction meets NASDAQ listing rules. This acquisition supports Greenpro’s strategy to expand its AI-enabled financial platforms and strengthen its position in digital finance. Forekast generates approximately $21M in annual revenue with EBITDA of $1.6M. As part of the transaction, Greenpro issued 8,500,000 restricted shares of common stock in exchange for an equity interest in Forekast. The transaction is expected to accelerate revenue growth and dramatically enhance shareholder value. The Company also reaffirmed that it does not intend to raise equity capital below $15 per share, consistent with prior guidance. Forekast develops augmented intelligence solutions that enhance customer experience, workforce optimization, and enterprise decision-making through advanced analytics and machine learning. Greenpro intends to integrate these capabilities across its advisory services, ESG initiatives, and digital platform infrastructure.