Picocela Inc. Issues 1.3 Million Restricted Common Shares to MCC and You Planning in $673,764 Deal

Reuters
08/30
Picocela Inc. Issues 1.3 Million Restricted Common Shares to MCC and You Planning in $673,764 Deal

On July 28, 2025, PicoCELA Inc., a Tokyo-based provider of enterprise wireless mesh solutions, entered into share subscription agreements with MCC Venture Capital and You Planning, both Osaka-based venture capital firms. PicoCELA agreed to issue a total of 1,298,702 common shares, with each investor receiving 649,351 shares, at a price of JPY77 (or $0.52) per share. The total equity raised from these transactions amounts to JPY100,000,054 (or $673,764). The transactions were closed on August 18, 2025, and the shares are subject to a six-month restriction.

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. Picocela Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: LN61560) on August 29, 2025, and is solely responsible for the information contained therein.

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