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Phaos Technology raises up to $10M via committed equity purchase agreement with High West Partners

POASPHAOS TECHNOLOGY Holdings (CAYMAN) Ltd

Phaos Technology Holdings (Cayman) Ltd entered into a Securities Purchase Agreement with High West Partners LLC on September 28, 2026. The agreement grants the Company the right to sell Class A ordinary shares to the Investor up to an initial commitment amount of $10,000,000. Additionally, the Company issued Commitment Shares valued at $100,000 as a fee. Purchases are subject to volume limitations and pricing mechanisms based on VWAP or average closing prices. Concurrently, the parties executed a Registration Rights Agreement requiring the filing of a Form F-1 registration statement within 30 days for resale of the shares. Phaos Technology Holdings operates in the technology sector.

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