C08785-2023

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 15, 2023
2. SEC Identification Number
24986
3. BIR Tax Identification No.
000-275-073
4. Exact name of issuer as specified in its charter
JACKSTONES, INC. (formerly NEXTSTAGE, INC.)
5. Province, country or other jurisdiction of incorporation
REPUBLIC OF THE PHILIPPINES
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
593 ANTONIO DRIVE, BAGUMBAYAN, TAGUIG CITY Postal Code 1630
8. Issuer's telephone number, including area code
632 8277 9455
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 250,059,097
11. Indicate the item numbers reported herein
ITEM 9

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.

Jackstones, Inc.JAS

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

Jackstones, Inc. approves the application of its shareholder advances as consideration for unpaid subscription receivable.

Background/Description of the Disclosure

Jackstones, Inc. (the “Company”) intends to use the existing Advances amounting to One Hundred Thirty One Million Six Hundred Seventy Seven Thousand Seven Hundred Sixty Nine Pesos (Php131,677,769.00) from its shareholder Ketton Holdings Inc., as consideration for the latter’s unpaid subscription receivable. Specifically, the Board is evaluating the option of applying the said Advances as full payment for the Company’s Subscription Receivable with respect to the Shares amounting to Sixty-One Million Eight Hundred Seventy-Five Thousand Pesos (Php61,875,000.00) covering Sixty-One Million Eight Hundred Seventy-Five Thousand common shares with a par value of One Peso (Php1.00) each. The rest of the Advances amounting to Sixty Nine Million Eight Hundred One Thousand One Hundred Eighty Seven and 50/100 Pesos (Php69,801,187.50) shall be paid as Additional Paid-In Capital. In a meeting duly called for the purpose, the Board of Directors of the Company approved the foregoing transaction as per Board Resolution No. 01-2023-Dec15.

Other Relevant Information

Please see SEC Form 17-C on the approval of the application of Jackstones, Inc.'s shareholder advances as consideration for unpaid subscription receivable, as well as the Secretary's Certificate containing the board resolution for the purpose.

Filed on behalf by:
Name Jemimah Christian Solomon
Designation Compliance Staff