Business Context and Reporting Period
This Form 6-K filing by Phaos Technology Holdings (Cayman) Limited covers the month of November 2025. The report details the full exercise of the over-allotment option related to the Company's initial public offering (IPO), which originally closed on November 14, 2025.
Key Financial Metrics
The filing does not provide standard financial performance metrics such as revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on capital structure changes resulting from the IPO over-allotment.
- Shares Issued: 405,000 Class A ordinary shares (Option Shares).
- Offering Price: $4.00 per share.
- Option Size: Represents 15% of the Class A ordinary shares sold in the initial IPO.
- Underwriter: Network 1 Financial Securities Inc.
Material Changes
The primary material change is the increase in the Company's outstanding share count due to the full exercise of the over-allotment option on November 24, 2025. This action increases the total capital raised from the IPO by the proceeds from the sale of the 405,000 Option Shares.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, or outlook for future periods. It includes standard legal disclaimers stating that the report does not constitute an offer to sell securities in jurisdictions where such an offer would be unlawful without registration. No specific risks or contingencies beyond standard securities law disclosures are detailed in this text.
Investor Verification Checklist
- Verify the total number of shares outstanding post-over-allotment by reviewing the IPO prospectus and this filing.
- Confirm the total gross proceeds raised from the IPO including the 405,000 Option Shares.
- Review the Underwriting Agreement dated November 12, 2025, for details on underwriting discounts and commissions.
- Check for the press release (Exhibit 99.1) for any additional qualitative updates not included in the Form 6-K text.