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Stock impact report

Phaos Technology Announces Closing of Initial Public Offering [Yahoo! Finance]

Network-1 Technologies, Inc. (NTIP) 
NASDAQ:AMEX Investor Relations: ir.network-1.com
Company Research Source: Yahoo! Finance
Company”), the investment holding company of Phaos Technology Pte. Ltd., an advanced microscopy solutions Company, today announced the closing of its previously announced initial public offering of an aggregate of 2,700,000 class A ordinary shares of the Company (the “ Offering ”) at a public offering price of US$4.00 per share (the “ Offering Price ”) to the public for a total of US$10,800,000 of gross proceeds to the Company, before deducting underwriting discounts and other offering expenses. Pursuant to the Offering, certain selling shareholders of the Company offered an aggregate of 900,090 class A ordinary shares of the Company at the Offering Price. The Company did not receive any proceeds from any sale of class A ordinary shares of the Company by those selling shareholders. The Company's class A ordinary shares began trading on the NYSE American on November 13, 2025, under the ticker symbol “POAS”. The Company has granted the underwriter a 45-day option to purchase an additi Show less Read more
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