SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)

Dec 9, 2016

2. SEC Identification Number

CS200511816

3. BIR Tax Identification No.

239-508-223-000

4. Exact name of issuer as specified in its charter

8990 HOLDINGS, INC. (formerly, IP Converge Data Center, Inc.)

5. Province, country or other jurisdiction of incorporation

Metro Manila, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

11th Floor, Liberty Center, HV Dela Costa, Salcedo Village, Makati City Postal Code 1200

8. Issuer's telephone number, including area code

(+632) 478-9659

9. Former name or former address, if changed since last report

NA

10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA

Title of Each Class	Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common Shares	5,517,990,720
Corporate Bonds Series A, B, and C	9,000,000,000

11. Indicate the item numbers reported herein

Item 9.

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

8990 Holdings, Inc.HOUSE

PSE Disclosure Form 4-3 - Amendments to Articles of Incorporation References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Reclassification of 100,000,000 unissued common shares to preferred shares
Background/Description of the Disclosure
In the special meeting of the Board of Directors held on 9 December 2016, the Board approved the reclassification of 100,000,000 unissued common shares of the Company to preferred shares (the “Reclassification”) and the corresponding amendment of the Articles of Incorporation of the Company to reflect the aforesaid Reclassification.

Date of Approval by Board of Directors	Dec 9, 2016
Date of Approval by Stockholders	TBA
Other Relevant Regulatory Agency, if applicable	N.A.
Date of Approval by Relevant Regulatory Agency, if applicable	N/A
Date of Approval by Securities and Exchange Commission	TBA
Date of Receipt of SEC approval	TBA

Amendment(s)

Article No.	From	To
SEVENTH	7,000,000,000 shares	6,900,000,000 common shares and 100,000,000 preferred shares

Rationale for the amendment(s)
Creation of preferred shares

The timetable for the effectivity of the amendment(s)

Expected date of filing the amendments to the Articles of Incorporation with the SEC	TBA
Expected date of SEC approval of the Amended Articles of Incorporation	TBA

Effect(s) of the amendment(s) to the business, operations and/or capital structure of the Issuer, if any
Authorized capital stock will remain at Php7,000,000,000 which, after the amendment, will be divided into 6,900,000,000 common shares and 100,000,000 preferred shares
Other Relevant Information
None