Phaos Technology Holdings (Cayman) Stock Set to Reverse Split on Monday, October 12th (NYSEAMERICAN:POAS)

Phaos Technology Holdings (Cayman) Limited (NYSEAMERICAN:POAS)’s stock is scheduled to reverse split on Monday, October 12th. The 1-15 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Sunday, October 11th.

Phaos Technology Holdings (Cayman) Stock Down 21.3%

Shares of Phaos Technology Holdings (Cayman) stock opened at $0.14 on Friday. Phaos Technology Holdings has a 52-week low of $0.14 and a 52-week high of $7.39. The company has a fifty day moving average of $0.17 and a 200-day moving average of $0.90.

Phaos Technology Holdings (Cayman) (NYSEAMERICAN:POAS) last released its earnings results on Monday, August 31st. The company reported ($0.14) EPS for the quarter. The company had revenue of $0.02 million for the quarter.

About Phaos Technology Holdings (Cayman)

Phaos Technology Holdings (Cayman) Limited is an investment holding company incorporated on March 7, 2024, under the laws of the Cayman Islands. The Company through its subsidiary assembles and commercializes such advanced microscopy-related solutions, technologies and products. Using its patented microsphere-assisted technology, the Company can significantly increase the magnification of existing traditional optical microscopes compared to its competitors, hence allowing our clients to see beyond the optical limit in an effective manner.