Phaos Technology signs $10 million equity purchase deal with High West Partners

• Phaos Technology Holdings (Cayman) signed a securities purchase agreement on Sept. 28, 2026, for up to $10 million of Class A shares.
• Facility allows sales from time to time to High West Partners, subject to a 19.99% exchange cap if listed.
• Commitment fee set at $100,000 in shares, issued with the first purchase notice based on the shares’ closing price.
• Single-day draws price at the average of the three lowest traded prices on the purchase date.
• VWAP draws price at 97% of the lowest daily VWAP over three consecutive trading days starting on notice receipt.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Phaos Technology Holdings (Cayman) Limited published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-045145), on September 30, 2026, and is solely responsible for the information contained therein.