Dividends & Buybacks ·
Phaos Technology Holdings (Cayman) Limited is holding an extraordinary general meeting on August 31, 2026, to vote on…
POASPHAOS TECHNOLOGY Holdings (CAYMAN) Ltd
Phaos Technology Holdings (Cayman) Limited is holding an extraordinary general meeting on August 31, 2026, to vote on several corporate actions aimed at maintaining its NYSE American listing. Shareholders will consider a reverse stock split consolidating every fifteen pre-consolidation shares into one new share with a par value of US$0.0015. The company also seeks approval to increase authorized share capital from US$100,000 to US$10 billion and adopt amended articles allowing Class B share conversion and exclusive jurisdiction for disputes. Additionally, the board proposes issuing 2,900,000 pre-consolidation Class B shares to CEO Hong Loon Gan as compensation for services rendered during the initial public offering. Phaos Technology Holdings (Cayman) Limited operates in the technology sector.