Phaos Technology Announces Pricing of Initial Public Offering
Phaos Technology Holdings (NYSE: POAS) priced its initial public offering of 3,600,090 class A ordinary shares at $4.00 per share on November 13, 2025.
The company is offering 2,700,000 shares for gross proceeds of $10,800,000 (before underwriting discounts and offering expenses); selling shareholders are offering 900,090 shares, from which the company will receive no proceeds. The underwriters have a 45-day 15% over-allotment option to buy up to 405,000 additional shares. Shares are expected to begin trading on NYSE American under the ticker POAS on November 13, 2025, with the Offering expected to close on November 14, 2025, subject to customary closing conditions.
Phaos Technology Holdings (NYSE: POAS) ha fissato la sua offerta pubblica iniziale di 3.600.090 azioni ordinarie di classe A a 4,00$ per azione il 13 novembre 2025.
L'azienda offre 2.700.000 azioni per una raccolta lorda di 10.800.000$ (prima di sconti di sottoscrizione e spese dell'offerta); gli azionisti venditori offrono 900.090 azioni, da cui l'azienda non otterrà proventi. Gli underwriter hanno una opzione di sovrallocazione del 15% valida per 45 giorni per acquistare fino a 405.000 azioni aggiuntive. Le azioni dovrebbero iniziare a negoziarsi sul NYSE American con il ticker POAS il 13 novembre 2025, con la chiusura/offerta prevista per il 14 novembre 2025, soggetta a condizioni di chiusura usuali.
Phaos Technology Holdings (NYSE: POAS) fijó su oferta pública inicial de 3.600.090 acciones ordinarias de clase A en 4,00$ por acción el 13 de noviembre de 2025.
La compañía ofrece 2.700.000 acciones para unos ingresos brutos de 10.800.000$ (antes de descuentos de suscripción y gastos de la oferta); los accionistas vendedores ofrecen 900.090 acciones, de las cuales la empresa no obtendrá ingresos. Los suscriptores tienen una opción de sobreasignación del 15% durante 45 días para comprar hasta 405.000 acciones adicionales. Se espera que las acciones comiencen a cotizar en NYSE American bajo el símbolo POAS el 13 de noviembre de 2025, con el cierre de la oferta previsto para el 14 de noviembre de 2025, sujeto a condiciones de cierre habituales.
Phaos Technology Holdings (NYSE: POAS)는 2025년 11월 13일에 주당 4.00달러의 가격으로 3,600,090주의 Class A 보통주의 IPO를 확정했습니다.
회사는 총 모금액 1,080만 달러를 위해 2,700,000주를 제공하며(인수수수료 및 공모비용 차감 전); 매각 주주는 900,090주를 제공하고 회사는 그로부터 수익을 얻지 못합니다. 주관사는 45일간 15%의 초과배정 옵션을 가지고 있어 최대 405,000주 추가를 매수할 수 있습니다. 주식은 POAS라는 티커로 2025년 11월 13일 NYSE American에서 거래를 시작할 예정이며, 일반적 마감 조건에 따라 11월 14일 공모 마감이 예상됩니다.
Phaos Technology Holdings (NYSE: POAS) a fixé son offre publique initiale de 3 600 090 actions ordinaires de classe A à 4,00 $ par action le 13 novembre 2025.
La société offre 2 700 000 actions pour des produits bruts de 10 800 000 $ (avant les réductions et les frais d'offre); les actionnaires vendeurs offrent 900 090 actions, de sorte que la société n'en tirera aucun produit. Les souscripteurs disposent d'une option de surallocation à 45 jours à 15 % pour acheter jusqu'à 405 000 actions supplémentaires. Les actions devraient commencer à se négocier sur le NYSE American sous le symbole POAS le 13 novembre 2025, avec la clôture de l'offre prévue pour le 14 novembre 2025, sous réserve des conditions habituelles de clôture.
Phaos Technology Holdings (NYSE: POAS) hat am 13. November 2025 sein erstes öffentliches Angebot von 3.600.090 Class A-Aktien zu 4,00 $ pro Aktie festgelegt.
Das Unternehmen bietet 2.700.000 Aktien für Bruttoerlöse von 10.800.000 $ (vor Emissionsermäßigungen und Angebotskosten); die verkaufenden Aktionäre bieten 900.090 Aktien an, von denen das Unternehmen keine Erlöse erzielt. Die Underwriter haben eine 45-tägige 15%-Over-Allotment-Option, um bis zu 405.000 zusätzliche Aktien zu zeichnen. Die Aktien werden voraussichtlich am 13. November 2025 an der NYSE American unter dem Ticker POAS gehandelt, mit voraussichtlicher Platzierung am 14. November 2025, vorbehaltlich üblicher Abschlussbedingungen.
Phaos Technology Holdings (NYSE: POAS) حَدَّدت السعر المبدئي لاكتتابها العام 3,600,090 سهماً عادياً من الفئة A عند $4.00 للسهم في 13 نوفمبر 2025.
الشركة تعرض 2,700,000 سهم لإجمالي عوائد قدرها $10,800,000 (قبل خصومات الاكتتاب ومصاريف العرض); المستثمرون المؤسسون القائمون بالبيع يعرضون 900,090 سهم، ولن تحصل الشركة على أي عائد من ذلك. للمكتتبين خيار تخصيص إضافي بنسبة 15% لمدة 45 يوماً لشراء حتى 405,000 سهم إضافي. من المتوقع أن تبدأ الأسهم بالتداول في نيويورك ستوك إكسانج تحت رمز التداول POAS في 13 نوفمبر 2025، مع توقع إغلاق العرض في 14 نوفمبر 2025، خاضع لظروف الإغلاق المعتادة.
- Offering size of 3,600,090 shares
- Company gross proceeds of $10,800,000 (before fees)
- Listing date expected November 13, 2025 on NYSE American
- Sole book-runner Network 1 Financial Securities engaged
- Selling shareholders offering 900,090 shares; company receives no proceeds
- Over-allotment could add 405,000 shares, increasing float
Insights
Phaos priced its NYSE American IPO at
The transaction sells 2,700,000 class A ordinary shares by the company and 900,090 by selling shareholders, with an over‑allotment option for an additional 405,000 shares (15%). The company will receive
Key dependencies and risks include the customary closing conditions and full exercise or non‑exercise of the 45‑day over‑allotment option. Market reception at listing on
Watch the actual share turnover and any underwriting allocations in the first two weeks for signs of demand or stabilization activity; the prospectus and SEC filings (Form F-1 and post‑effective amendments) provide the concrete metrics to monitor in the immediate
SINGAPORE, Nov. 13, 2025 (GLOBE NEWSWIRE) -- Phaos Technology Holdings (Cayman) Limited, (NYSE American: POAS), (“Phaos” or “the Company”), a leader in advanced microscopy solutions headquartered in Singapore, today announced the pricing of its initial public offering of an aggregate 3,600,090 of its class A ordinary shares (the “Offering”), at a public offering price of US
The Company has granted the underwriters a 45-day option (the “Over-Allotment Option”) to purchase up to an additional 405,000 class A ordinary shares at the Offering Price, less underwriting discounts and commissions, solely to cover over-allotments, if any, representing
The shares are expected to begin trading on the NYSE American under the ticker symbol “POAS” on November 13, 2025. The Offering is expected to close on November 14, 2025, subject to customary closing conditions.
Network 1 Financial Securities, Inc. (“Network 1”) is acting as the sole book-running manager for the Offering. In connection with the Offering, Ortoli Rosenstadt LLP is acting as U.S. securities counsel to Phaos, Ogier is acting as Cayman Islands counsel to Phaos, and Bayfront Law LLC is acting as Singapore counsel to Phaos. Loeb & Loeb LLP is acting as U.S. counsel to Network 1, in connection with the Offering.
The Offering is being conducted pursuant to the Company’s registration statement on Form F-1 (File No. 333-284137) previously filed with and subsequently declared effective by the U.S. Securities and Exchange Commission (“SEC”) on July 31, 2025. Subsequently, the Company filed post-effective amendments Nos. 1, and 2 to the F-1 on September 18, 2025, and October 22, 2025 respectively; the post-effective amendment No. 2 became effective on November 11, 2025. The Offering is being made only by means of a prospectus, forming a part of the registration statement. Copies of the final prospectus related to the Offering may be obtained for free by visiting EDGAR on the SEC Website at www.sec.gov. Alternatively, electronic copies of the prospectus relating to the Offering, when available, may be obtained from Network 1 at 2 Bridge Avenue, Suite 241, Red Bank, NJ 07701, or by calling +1 (732) 758-9001.
Before you invest, you should read the prospectus and other documents the Company has filed or will file with the SEC for more information about the Company and the Offering. This press release has been prepared for informational purposes only and shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Phaos Technology Holdings (Cayman) Limited
Phaos Technology Holdings (Cayman) Limited is a leader in advanced microscopy technology. Our commitment to innovation and excellence drives us to deliver microscopy products and software solutions, powered by artificial intelligence for diverse sectors including manufacturing, biomedical, and research. Experience the difference with Phaos Technology – where innovation meets sophistication, shaping the future of optical technology. For more information, please visit www.phaostech.com.
FORWARD-LOOKING STATEMENTS
Certain statements in this announcement are forward-looking statements, including, but not limited to, the Company's proposed Offering. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs, including the expectation that the Offering will be successfully completed. Investors can find many (but not all) of these statements by the use of words such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “likely to” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and the completion of the initial public offering on the anticipated terms or at all, and other factors discussed in the “Risk Factors” section of the registration statement filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov.
Contacts
Company Contact:
Phaos Technology Holdings (Cayman) Limited
(65) 6250 3877
ir@phaostech.com
Underwriter Inquiries:
Network 1 Financial Securities, Inc.
Adam Pasholk
2 Bridge Avenue, Suite 241
Red Bank, NJ 07701
+1 (732) 758-9001
Email: info@netw1.com
Investor Relations Inquiries:
Skyline Corporate Communications Group, LLC
Scott Powell, President
1177 Avenue of the Americas, 5th Floor
New York, New York 10036
Office: (646) 893-5835
Email: info@skylineccg.com
FAQ
What price and size did Phaos Technology (POAS) set for its IPO on November 13, 2025?
How much gross proceeds will Phaos (POAS) receive from the IPO?
Will Phaos (POAS) receive proceeds from all shares offered in the IPO?
What is the over-allotment option for Phaos (POAS) IPO and how large is it?
When will Phaos (POAS) shares begin trading and when is the offering expected to close?
