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)

Mar 20, 2025

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

26th Floor Discovery Centre, 25 ADB Avenue, Ortigas Center, Pasig City Postal Code 1605

8. Issuer's telephone number, including area code

(632) 8706-9999 Local 100 / 105 / 140

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

Not Applicable

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	611,639,112

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
Claim for Sum of Money
Background/Description of the Disclosure
This is to inform the Exchange that on 24 January 2025, I-Remit, Inc. (“I-Remit” or the “Corporation”) received an Originating Claim and Statement of Claim from the General Division of the High Court of the Republic of Singapore, instituted by Ripple Markets APAC Pte. Ltd. (“Claimant”) against I-Remit, Inc., Ben C. Tiu, and Bernadette Cindy C. Tiu (“Defendants”), wherein Claimant is claiming the sum of $16,000,000, plus late payment charges and damages, for its non-payment of outstanding dues arising from an Agreement executed between the Parties in 2022. The Corporation, through its Singaporean counsel, instituted a Notice to Intention to Contest on 10 February 2025, and a Defence to question the jurisdiction of the Singapore court on 28 February 2025. The case is set to have its first case conference on 01 April 2025 where the High Court of Singapore will provide directions as to timelines.

Name of the court or agency in which the proceedings are pending	General Division of the High Court of the Republic of Singapore
Date Instituted	Sep 30, 2024
Docket Number	HC/OC 777/2024

Principal Parties
Claimant: Ripple Markets APAC Pte. Ltd. Defendants: I-Remit, Inc., Ben C. Tiu, and Bernadette Cindy C. Tiu
Nature and description of the legal proceedings
Claim for Sum of Money
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. As the case is still in its initial stage, there is a possibility that the case may be dismissed due to technical issues.
Other Relevant Information
Pertinent updates to this case shall be disclosed in due course.