C08052-2024

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 19, 2024
2. SEC Identification Number
A200101631
3. BIR Tax Identification No.
210-407-466-000
4. Exact name of issuer as specified in its charter
I-REMIT, INC.
5. Province, country or other jurisdiction of incorporation
Metro Manila, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
26/F Discovery Centre, 25 ADB Avenue, Ortigas Center, Pasig City Postal Code 1605
8. Issuer's telephone number, including area code
(02) 8706-9999 local 100 / 105 / 109
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 Stock 611,639,122
11. Indicate the item numbers reported herein
Item 9. Other Events

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.

I-Remit, Inc.I

PSE Disclosure Form 4-26 - Legal Proceedings References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Collection of Sum of Money and Damages

Background/Description of the Disclosure

This is to inform the Exchange that on 17 December 2024, I-Remit, Inc. received Summons from the Regional Trial Court Branch 268 Pasig City for the case entitled "Union Bank of the Philippines versus I-Remit, Inc., Ben C. Tiu, Harris D. Jacildo, Bernadette Cindy Tiu, Gilbert C. Gaw, Jose Joel Y. Pusta, Bansan C. Choa, Benjamin John C. Tiu, and Lanie G. Cortez", or Case No,. R-PSG-24-01024-CV for Collection of Sum of Money and Damages (with Application for the Issuance of a Writ of Preliminary Attachment).

The summons required the abovenamed defendants to file their respective Answers to the Complaint within thirty (30) days after service thereof.

Name of the court or agency in which the proceedings are pending Regional Trial Court Branch 268 Pasig City
Date Instituted Apr 17, 2024
Docket Number R-PSG-24-01024-CV
Principal Parties

Plaintiff:
Union Bank of the Philippines

Defendants:
I-Remit, Inc., Ben C. Tiu, Harris D. Jacildo, Bernadette Cindy Tiu, Gilbert C. Gaw, Jose Joel Y. Pusta, Bansan C. Choa, Benjamin John C. Tiu, and Lanie G. Cortez

Nature and description of the legal proceedings

Collection of Sum of Money and Damages (with Application for the Issuance of a Writ of Preliminary Attachment)

The effect(s) on the Issuer's business or operations, if any

Management will evaluate the effect of the legal proceeding on the corporation’s operations and business plans.

Other Relevant Information

Pertinent updates to this case shall be disclosed in due course.

Filed on behalf by:
Name Anna Francesca Respicio
Designation Corporate Secretary