C08912-2023

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 21, 2023
2. SEC Identification Number
A199600179
3. BIR Tax Identification No.
004-6688-224
4. Exact name of issuer as specified in its charter
NOW CORPORATION
5. Province, country or other jurisdiction of incorporation
METRO MANILA, PHILIPPINES
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Unit 5-I, 5th Floor OPL Building, 100 C. Palanca Street, Legaspi Village, Makati City Postal Code 1229
8. Issuer's telephone number, including area code
+632 88102548
9. Former name or former address, if changed since last report
-
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 1,806,726,314
11. Indicate the item numbers reported herein
-

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.

Now CorporationNOW

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

Result of the Board of Directors' Meeting.

Background/Description of the Disclosure

During the Board Meeting held on 21 December 2023, NOW Corporation’s Board of Directors approved a USD10- $40M million fundraising initiative through a combination of debt, public offering, and other financing programs to finance the Public Safety and Critical Communications infrastructure for use of governments, military/public safety units, and enterprises/organizations categorized as part of the sixteen (16) Critical Infrastructure sectors. This infrastructure project shall implement the provisioning of communications hardware, software, and services that these entities could avail of and connect their own private communications network for seamless interconnectivity that is secure, reliable, and compliant with the Trusted Network Initiative. NOW Telecom Company, Inc, NOW Corporation’s associate, has designed this infrastructure and will drive its operations as part of its partnership with American, European, and Indo-Pacific technology partners.

Other Relevant Information

The foregoing disclosure contains forward-looking statements and soft information that shall be based on the terms of the fundraising initiative approved by the Board of Directors and are subject to unforeseen events. Actual results could differ from those contemplated in the relevant forward-looking statements. All subsequent written and oral forward-looking statements attributable to the Company (or persons acting on behalf of the Company) are expressly qualified in their entirety by the above cautionary statements.

The terms/details of the fundraising initiative via debt, public offering and other financing programs will be promptly and appropriately disclosed as soon as they become available.

Filed on behalf by:
Name Angeline Macasaet
Designation Corporate Secretary