C06448-2025 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
---|---|---|
Common | 3,933,840,480 | |
Perpetual Preferred 1 | 370,398,637 | |
Perpetual Preferred 2-Series A | 100,000,000 |
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.
Subject of the Disclosure |
---|
Shareholders of Alternergy Holdings Corporation ("ALTER") approve reclassification of a portion of its common shares into perpetual preferred shares. |
Background/Description of the Disclosure |
Alternergy Holdings Corporation’s ("ALTER") obtained unanimous approval from a Special Stockholders Meeting today, September 3, 2025, for the reclassification of 500 million common shares into new series of perpetual preferred shares in anticipation of its next round of capital raising. The reclassified five hundred million preferred shares are subdivided into non-voting Perpetual Preferred Shares 2, Series D, E, F, G and H, with a par value of Php 0.10 per share, and broken down into 100 million shares per Series, with features identical to the existing Perpetual Preferred Shares 2 Series A, B and C. |
Other Relevant Information |
Please see attached executed SEC Form 17C and Media Release document in relation to this matter. |
Name | Kimberly Rose Pagdilao |
---|---|
Designation | Corporate Counsel / Deputy CIO |