Phaos Technology Holdings (Cayman) Limited Announces Closing of the Sale of the Option Shares
Phaos Technology Holdings (Cayman) Limited Class A Ordinary Shares (POAS)
Company Research
Source: GlobeNewswire
SINGAPORE, Nov. 24, 2025 (GLOBE NEWSWIRE) -- Phaos Technology Holdings (Cayman) Limited, (NYSE American: POAS), (“Phaos” or “the Company”), an advanced microscopy solutions headquartered in Singapore, today announced the closing of the offering (the “Offering”) of 405,500 class A ordinary shares, par value US$0.0001 per share pursuant to Network 1 Financial Securities, Inc.’s (“Network 1”), exercise of their over-allotment option in full. The Company has received additional gross proceeds amounting to US$1.62 million before deducting underwriting discounts and other Offering expenses. Network 1, a full-service broker/dealer, acted as the sole book-running manager for the Offering. Ortoli Rosenstadt LLP acted as U.S. securities counsel to the Company, and Loeb & Loeb LLP acted as U.S. counsel for Network 1, in connection with the Offering. The Offering was conducted pursuant to the Company’s registration statement on Form F-1 (File No. 333-284137), as amended, previously filed with
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Sec Filings
- 11/24/25 - Form 6-K
- 11/14/25 - Form 6-K
- 11/13/25 - Form 424B4
- POAS's page on the SEC website