Phaos Technology Holdings (Cayman) Limited, (NYSE American: POAS), ("Phaos" or "the Company"), an advanced microscopy technology company headquartered in Singapore, today announced that it has entered into a securities purchase agreement (the "Purchase Agreement"), dated as of September 28, 2026, with High West Partners LLC, a California limited liability company (the "Investor"). Under the Purchase Agreement, the Company has the right, but not the obligation, to sell to the Investor from time to time up to US$10,000,000 of its Class A ordinary shares, at prevailing market prices and subject to the terms, conditions and limitations set out in the Purchase Agreement and the applicable NYSE listing rules.