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
925,298,616
PREFERRED
14,366,260
11. Indicate the item numbers reported herein
Item No. 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.
Prime Media Holdings, Inc.PRIM
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
SEC grants Prime Media Holdings, Inc.’s Equity Restructuring
Background/Description of the Disclosure
Prime Media Holdings Inc. (“PRIM”) has received today, March 19, 2025, the Certificate of Approval of Equity Restructuring dated March 14, 2025 from the Securities and Exchange Commission (the “Commission”).
As previously disclosed, the Board of Directors approved the Equity Restructuring Plan on August 22, 2024.
The Additional Paid-in Capital (APIC) of Two Hundred Fifty-Three Million Five Hundred Thousand Pesos (Php253,500,000.00) has been applied to partially wipe out the Corporation’s deficit.
Other Relevant Information
Please see the attached SEC Form 17-C.
Please note that this copy is for public use as the confidential information are redacted.