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)

Sep 5, 2022

2. SEC Identification Number

A199908874

3. BIR Tax Identification No.

202955796

4. Exact name of issuer as specified in its charter

DFNN, Inc.

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

L2 - L5 14th Floor, Philippine Stock Exchange Tower, 5th Ave. cor. 28th St., BGC, Taguig City Postal Code 1634

8. Issuer's telephone number, including area code

(02) 8396 - 5270

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

N/A

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	324,620,008

11. Indicate the item numbers reported herein

None

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.

DFNN, Inc.DFNN

PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and
Sections 4.1 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
DFNN Board Resolution Approving Equity Restructuring
Background/Description of the Disclosure
On 5 September 2022, the DFNN Board of Directors resolved to approve the company's equity restructuring as of 31 December 2021. The equity restructuring is intended to reflect the actual financial condition of the company and reduce its deficit in the equity account as of 31 December 2021 by offsetting its additional paid in capital against the deficit. However, the said restructuring will not involve a change in the par value nor will it involve the infusion of any additional paid in capital to the company. Further, this restructuring will not result in any change in the number of issued, outstanding, and listed shares of the company. This is still subject however to the approval of the Securities and Exchange Commission.
Other Relevant Information
N/A