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Phaos Tech ends ties with two former related parties

Phaos Technology Holdings announces two entities are no longer related parties and does not expect any material impact on its business or financial condition.

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Phaos Technology Holdings (Cayman) Ltd (POAS) reports that SG AB Venture Pte. Ltd. and TongHuai SG2 Enterprise Pte. Ltd. have ceased to be related parties of the company and its subsidiaries, effective February 23, 2026.

The change follows the end of common directorships and other roles, and Phaos states that these entities no longer hold any directorships, management positions, equity interests, or other ongoing relationships with the group. Phaos does not expect this change in related-party status to have a material effect on its business, operations, or financial condition and emphasizes its commitment to corporate governance and related-party disclosure compliance.

Positive

  • None.

Negative

  • None.
Effective date of loss of related-party status February 23, 2026 Date from which the former related parties ceased to be related parties
Announcement date September 18, 2026 Date of the press release announcing the related-party status change
Company contact phone (65) 6250 3877 Telephone contact for Phaos Technology Holdings
Form 6-K regulatory
"information will be furnished to the U.S. Securities and Exchange Commission on Form 6-K"
A Form 6-K is a report that companies listed in certain countries file to provide important updates, such as financial results, corporate changes, or other significant information, to regulators and investors. It functions like an official company update or news release, helping investors stay informed about developments that could affect their investment decisions.
corporate governance regulatory
"The Company remains committed to maintaining high standards of corporate governance"
Corporate governance is the system of rules, roles and oversight that determines how a company is directed and controlled, including the responsibilities of its board, executives and shareholders. Like the steering wheel and map for a car trip, it shapes decisions, sets checks on power and defines who can hold leaders accountable; strong governance reduces risk, builds trust and helps investors judge whether a company is likely to protect capital and deliver reliable returns.
forward-looking statements regulatory
"This news release contains “forward-looking statements” within the meaning of the “safe harbor” provisions"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

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What did Phaos Technology Holdings (POAS) announce in this Form 6-K?

Phaos Technology Holdings announced that SG AB Venture Pte. Ltd. and TongHuai SG2 Enterprise Pte. Ltd. have ceased to be related parties of the company and its subsidiaries, effective February 23, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Form 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of September 2026

 

Commission File Number: 001-42952

 

PHAOS TECHNOLOGY HOLDINGS (CAYMAN) LTD

(Translation of registrant’s name into English)

 

55 Ayer Rajah Crescent #05-05

Singapore 139949

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F ☒   Form 40-F ☐

 

 

 

 
 

 

EXPLANATORY NOTE

 

On September 18, 2026, Phaos Technology Holdings (Cayman) Ltd (the “Company”) issued a press release dated September 18, 2026, announcing that certain related parties have ceased to be related parties of the Company.

 

Exhibits

 

Exhibit No.   Description
     
99.1   Press Release dated September 18, 2026, titled “Phaos Technology Holdings (Cayman) Limited Announces Update on Involvement of Related Parties.”

 

 
 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  Phaos Technology Holdings (Cayman) Limited
     
Date: September 18, 2026 By: /s/ Gan Hong Loon
  Name: Gan Hong Loon
  Title: Chief Executive Officer and Executive Director

 

 

 

Exhibit 99.1

 

Phaos Technology Holdings (Cayman) Limited Announces Update on Involvement of Related Parties

 

SINGAPORE, September 18, 2026 (GLOBE NEWSWIRE) — Phaos Technology Holdings (Cayman) Limited, (NYSE American: POAS), (“Phaos” or “the Company”), an advanced microscopy solutions headquartered in Singapore, today announced an update regarding the involvement of certain related parties of the Company.

 

The Company wishes to inform its shareholders that SG AB Venture Pte. Ltd. and TongHuai SG2 Enterprise Pte. Ltd. (collectively, the “Former Related Parties”) are no longer related parties of the Company. With effect from February 23, 2026, all Former Related Parties have ceased to have any relationship with the Company or its subsidiaries that would result in their being regarded as related parties. In particular, following the cessation of the common directorships previously held, none of the Former Related Parties holds any directorship, management position or other role with the Company or its subsidiaries, and none maintains any ongoing equity, management or other relationship with the Company or its subsidiaries.

 

The Company does not expect the change in the status of the Former Related Parties to have a material effect on its business, operations or financial condition. The Company remains committed to maintaining high standards of corporate governance and complying with all applicable disclosure requirements relating to related-party relationships and transactions.

 

Relevant information will be furnished to the U.S. Securities and Exchange Commission (the “SEC”) on Form 6-K, as appropriate, and will also be made available on the Company’s investor relations website at https://ir.phaostech.com/.

 

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 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

 

This news 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 may 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 our management’s current expectations and beliefs, as well as a number of assumptions concerning future events.

 

Such forward-looking statements are subject to known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside of our control and all of which could cause actual results to differ materially from the results 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 do not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. Factors that could cause actual results to differ materially from those expressed or implied in forward-looking statements can be found in our reports filed with the United States Securities and Exchange Commission, which are available, free of charge, on the SEC’s website at www.sec.gov.

 

For more information please contact:

 

Company Contact:

 

Phaos Technology Holdings (Cayman) Limited

(65) 6250 3877

ir@phaostech.com

 

 

Filing Exhibits & Attachments

1 document

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