Phaos Technology Holdings (Cayman) Limited Appoints New Auditor

Phaos Technology Holdings (Cayman) Limited announced a change in its independent registered public accounting firm. Effective March 31, 2026, the company dismissed Kreit & Chiu CPA LLP. The dismissal was approved by the company's audit committee and board of directors. Kreit & Chiu's reports on the company's financial statements for the fiscal years ended April 30, 2025, 2024, and 2023 did not contain any adverse opinions or disclaimers, although the 2025 report included an explanatory paragraph regarding the company's ability to continue as a going concern. There were no disagreements or reportable events between the company and Kreit & Chiu. Concurrently, the company appointed AssentSure PAC as its new independent registered public accounting firm, effective March 31, 2026. The company confirmed that it had not consulted AssentSure on any accounting or auditing matters prior to this engagement.