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This document provides a report on the application of proceeds from the preferred shares offering of Vista Land & Lifescapes, Inc. The report details disbursements made as of December 31, 2024, and the overall utilization of the proceeds.
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SEC Form 17-C is a report that public companies are required to file with the Securities and Exchange Commission (SEC) in the Philippines to disclose material information that may affect the company's stock price or general market perception.
All publicly listed companies and those companies with securities registered under the Securities Regulation Code in the Philippines are required to file SEC Form 17-C.
To fill out SEC Form 17-C, the filing company must provide details including the company name, SEC registration number, the specific event prompting the report, and a description of the material information. The form should be completed per SEC guidelines and submitted electronically through the SEC's online submission platform.
The purpose of SEC Form 17-C is to ensure transparency and timely disclosure of material information to the investing public, helping to maintain fair trading and protect investor interests.
The information that must be reported on SEC Form 17-C includes the nature of the event or transaction, the date it occurred or will occur, details about the impact on the company, and any relevant financial implications.
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