August 27, 2014
SEC-MSRD
IN THE MATTER OF XURPAS, INC., registrant.
REGISTRATION OF SECURITIES
IN RELATION TO AN INITIAL PUBLIC OFFERING
NOTICE
Notice 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; and
b) 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:
Name | Position |
Nico Jose S. Nolledo | Chairman of the Board, President, Director |
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AIC Grande Tower Garnet Road
Mobile No. +639451244898 |