QualityStocksNewsBreaks – Greenpro Capital Corp. (NASDAQ: GRNQ) Completes Strategic Share Exchange With AI Analytics Provider Forekast
Greenpro Capital (NASDAQ: GRNQ) announced the completion of a strategic share exchange with AI and augmented intelligence data analytics provider Forekast Limited, issuing 8.5 million restricted shares of common stock in exchange for an equity interest in Forekast. The company said the transaction complies with NASDAQ listing rules and was approved by shareholders holding a majority of its voting power. Greenpro said the acquisition advances its strategy to expand AI-enabled financial platforms and digital finance offerings, with Forekast contributing approximately $21 million in annual revenue and $1.6 million in EBITDA. The company said it plans to integrate Forekast’s analytics and machine learning capabilities across its advisory services, ESG initiatives and digital platform infrastructure. To view the…