ACEN details shelf registration program

AYALA-LED energy firm ACEN Corp. on Wednesday detailed a planned shelf registration for up to 50 million preferred shares, and a public offer and sale of up to 25 million of such shares.

"Further to the disclosures on March 8, 2023 and on April 24, 2023, please be informed that on May 23, 2023, ACEN filed a registration statement with the Securities and Exchange Commission (SEC) in respect of its shelf registration program of up to 50 million preferred shares with a par value of P1 ... and proposed public offer," the company said in a disclosure.