Phaos Technology Holdings (Cayman) Limited Issues Going Concern Disclosure

Phaos Technology Holdings (Cayman) Limited said its auditor’s report for the fiscal year ended April 30, 2026, includes a going-concern paragraph citing substantial doubt about the company’s ability to continue operating. Management reported no immediate plans to liquidate and is pursuing debt and equity financing, product-sale cash flows, and potential shareholder support to improve its financial position, while warning these measures may not resolve the uncertainty. The disclosure was made under NYSE American requirements and does not amend the company’s previously filed FY2026 Annual Report.