Phaos Technology Discloses Unusual Trading Activity
Phaos Technology announced that the company had become aware of unusual trading activity in its class A ordinary shares on the NYSE from May 29 to June 1. The company is issuing this updated press release pursuant to Section 401 of the NYSE. The company has made inquiries and has been unable to determine whether corrective actions are appropriate at this time. The company is further announcing that there has been no material development in its business and affairs not previously disclosed or, to its knowledge, any other reason to account for the unusual market action."