C06837-2023 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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Common | 1,806,726,314 |
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Subject of the Disclosure |
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Signing of Memorandum of Understanding |
Background/Description of the Disclosure |
On 08 September 2023, Fortinet, Inc., the global cybersecurity leader driving the convergence of networking and security, and NOW Corporation, signed a strategic Memorandum of Understanding (MOU) to enhance cybersecurity and 5G security in the Philippines, expediting the nation's digital transformation journey. This MOU signifies a shared commitment to enhancing security solutions tailored for enterprises across the country. By synergizing Fortinet's cutting-edge cybersecurity expertise with NOW Corp's delivery of connectivity and security solutions, this partnership seeks to provide robust security solutions that align with the dynamic needs of the Philippine market. Fortinet and NOW Corp are working together to establish a secure ecosystem for the development and deployment of cutting-edge 5G applications. This initiative involves fortifying the foundations of the 5G ecosystem and identifying potential vulnerabilities and addressing them with the right solutions. This MOU between Fortinet and NOW Corp signifies a pivotal moment in the Philippines' digital journey, promising strengthened cybersecurity and 5G security to drive the nation's digital transformation forward. |
Other Relevant Information |
The foregoing disclosure contains soft information and/or forward-looking statements that are based on the terms of the partnership between Fortinet, Inc. and NOW Corporation 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. |
Name | Angeline Macasaet |
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Designation | Corporate Secretary |