SINGAPORE, June 3, 2026 (GLOBE NEWSWIRE) — Phaos Technology Holdings (Cayman) Limited, (NYSE:POAS), (“the Company”), an advanced microscopy solution headquartered in Singapore, today announced that the Company has become aware of unusual trading activity in its Class A common stock on the New York Stock Exchange American (the “NYSE”) from May 29, 2026 to June 1, 2026. The Company is issuing this updated press release pursuant to Section 401(d) of the NYSE Company Guide. The company has made inquiries and has not been able to determine at this time whether corrective action is appropriate. The Company further announces that there has been no material development in its business and affairs that has not previously been disclosed or, to the Company’s knowledge, any other reason to explain the unusual market action.
About Phaos Technology Holdings (Cayman) Limited
Phaos Technology Holdings (Cayman) Limited is an advanced microscopy technology company. Our commitment to innovation and excellence drives us to deliver state-of-the-art microscopy products and software solutions, powered by artificial intelligence, for diverse industries including manufacturing, biomedical and research. Experience the difference with Phaos Technology – where innovation and refinement meet to shape the future of optical technology. For more information please visit http://www.phaostech.com.
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by the use of words such as “anticipate,” “believe,” “expect,” “estimate,” “plan,” “outlook” and “project” and other similar expressions that indicate future events or trends or are not statements of historical matters. These statements are based on the current expectations and beliefs of our management, as well as a number of assumptions regarding future events.
Such forward-looking statements are subject to known and unknown risks, uncertainties, assumptions and other important factors, many of which are beyond our control and any of which could cause actual results to differ materially from those discussed in the forward-looking statements. Accordingly, forward-looking statements should not be relied upon as representing our views as of any subsequent date, and we undertake no obligation to update any forward-looking statements to reflect events or circumstances after the date on which they are made, whether as a result of new information, future events or otherwise, unless required to do so under applicable securities laws. Factors that could cause actual results to differ materially from those expressed or implied by any forward-looking statements can be found in our reports filed with the U.S. Securities and Exchange Commission and available free of charge on the SEC’s website: http://www.sec.gov.
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Company contact:
Phaos Technology Holdings (Cayman) Limited
ir@phaostech.com
