Phaos Technology (Cayman) Holdings Ltd Phaos Technology POAS IPO 2025 has officially filed for its Initial Public Offering (IPO) on the NYSE American Exchange (NYSE MKT). The Singapore-based company is looking to raise $20 million to expand its innovative microscopy solutions that push the boundaries of optical imaging.
🏢 Phaos Technology POAS IPO 2025 Company Overview
- Company Name: Phaos Technology (Cayman) Holdings Ltd
- Proposed Symbol: POAS
- Exchange: NYSE MKT
- Employees: 30 (as of Jan 31, 2025)
- CEO: Andrew Yeo
- Headquarters: Singapore Science Park 1
- Website: www.phaostech.com
Founded in 2024, Phaos Technology focuses on advanced microscopy-related solutions. Its patented microsphere-assisted technology enhances traditional optical microscopes, enabling visualization beyond the 200nm optical limit, making it one of the few commercially viable solutions in this high-tech space.
🔬 What Does Phaos Technology Do?
Phaos Technology specializes in:
- Super-resolution imagers – Imaging capability down to 137nm.
- Specialized microscopes – Tailored for different industries.
- 3D real-time image magnifiers – For enhanced visualization and measurement.
These products are designed for precision measurement, life sciences, medical research, and semiconductor industries, among others.
đź’° Phaos Technology POAS IPO 2025 Details
- Price Range: $4.00 – $5.00 per share
- Shares Offered: 3,600,090
- Over-Allotment Option: 405,000 shares
- Offer Amount: $20,025,450
- Shares Outstanding (Post-IPO): 13,301,750
- Lockup Period: 180 days
đź“Š Financial Snapshot (as of FY ending April 30, 2025)
- Revenue: $47,720
- Net Income: –$1,526,234 (loss)
- Total Assets: $2,295,166
- Total Liabilities: $1,421,115
- Equity: $874,051
đź’ˇ Note: The company is still in its early growth stage, with limited revenue but significant R&D investments.
đź“‘Phaos Technology POAS IPO 2025 Company Filings
Phaos has filed multiple F-1/A amendments with the SEC throughout 2025, signaling progress toward its IPO approval.
👨‍💼 Experts & Advisors
- Auditor: Kreit and Chiu CPA LLP
- Company Counsel: Ortoli Rosenstadt LLP
- Lead Underwriter: Network 1 Financial Securities, Inc.
- Underwriter Counsel: Loeb and Loeb LLP
- Transfer Agent: VStock Transfer, LLC
⚖️ Conclusion
The Phaos Technology (POAS) IPO 2025 represents a bold step for a small but highly specialized company in the advanced optical microscopy market. While its financials show early-stage losses, the unique patented technology and potential applications across multiple industries make it an interesting IPO to watch in 2025.
Phaos Technology POAS IPO 2025 FAQ
1. What is Phaos Technology (Cayman) Holdings Ltd?
Phaos Technology (POAS) is a Singapore-based company that develops and commercializes advanced microscopy solutions using patented microsphere-assisted technology.
2. What is the IPO symbol of Phaos Technology?
The proposed stock ticker symbol is POAS.
3. On which exchange will Phaos Technology be listed?
The company plans to list on the NYSE MKT (NYSE American Exchange).
4. What is the Phaos Technology IPO price range?
The IPO price range is set between $4.00 and $5.00 per share.
5. How many shares is Phaos Technology offering in its IPO?
The company will offer 3,600,090 shares, with an additional 405,000 shares available for over-allotment.
6. What is the total offer amount for the Phaos IPO?
The IPO is expected to raise $20,025,450.
7. Who is the CEO of Phaos Technology?
The CEO is Andrew Yeo.
8. How many employees does Phaos Technology have?
As of January 31, 2025, the company has 30 employees.
9. Where is Phaos Technology headquartered?
The company is based in Singapore Science Park 1, Singapore.
10. What products does Phaos Technology offer?
Phaos develops:
- Super-resolution imagers (down to 137nm)
- Specialized microscopes
- 3D real-time image magnifiers
11. What is unique about Phaos Technology’s products?
Its patented microsphere-assisted optical technology allows microscopes to see below the 200nm optical limit, which is beyond traditional optical microscope capabilities.
12. What are Phaos Technology’s revenues?
The company reported $47,720 in revenue for the fiscal year ending April 30, 2025.
13. Is Phaos Technology profitable?
No, the company reported a net loss of $1,526,234 in the same fiscal year.
14. What are Phaos Technology’s total assets and liabilities?
- Total Assets: $2,295,166
- Total Liabilities: $1,421,115
15. Who are the IPO underwriters?
The lead underwriter is Network 1 Financial Securities, Inc.
16. Who are the auditors and legal counsel for Phaos IPO?
- Auditor: Kreit and Chiu CPA LLP
- Company Counsel: Ortoli Rosenstadt LLP
- Underwriter Counsel: Loeb and Loeb LLP
17. What is the lock-up period for insiders?
The lock-up period is 180 days post-IPO.
18. When will the lock-up period expire?
The exact expiration date has not been disclosed, but it will be 180 days after the IPO date.
19. Why is Phaos Technology raising funds through IPO?
The IPO proceeds will support business expansion, R&D investments, and commercialization of its advanced microscopy products.
20. Is Phaos Technology IPO a good investment?
That depends on investor risk appetite. The company has innovative technology and growth potential, but also reports low revenues and ongoing losses, making it a high-risk, high-reward IPO.