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In the Matter of Xurpas, Inc.
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In the Matter of Xurpas, Inc.
SEC-MSRD (Notice)
August 27, 2014
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Securities and Exchange Commission Departments
SEC Markets and Securities Regulation Department
Corporate
In the Matter of Xurpas, Inc.
SEC-MSRD (Notice)
•August 27, 2014
August 27, 2014SEC-MSRDIN THE MATTER OF XURPAS, INC., registrant.REGISTRATION OF SECURITIESIN RELATION TO AN INITIAL PUBLIC OFFERINGNOTICENotice is hereby given that on August 27, 2014, a sworn Registration Statement was filed with the Securities and Exchange Commission by XURPAS, INC. for the registration of 172,000,066 common shares with a par value of P1.00 per share, broken down as follows: a) 34,400,000 shares that shall be offered and sold by way of an initial public offering at an offer price of up to P41.86; andb) 137,600,066 shares which shall not be included in the offer.The company expects to raise funds of up to P1,439,984,000.00 from the offering based on the maximum offer price of P41.86.According to the papers presented, Xurpas, Inc. is engaged in the business of creation and development of digital products and services for mobile end-users, as well as the creation, development and management of proprietary platforms for mobile operators. The following persons are the key officers/directors 1 of the corporation: NamePosition Nico Jose S. NolledoChairman of the Board, President, Director Fernando Jude F....
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Securities and Exchange Commission Departments
SEC Markets and Securities Regulation Department
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