PicoCELA Inc. Announces Public Offering of 6.1 Million ADSs at $0.30 Each, Aiming to Raise $1.83 Million

Reuters

05-23

<a href="https://laohu8.com/S/PCLA">PicoCELA</a> Inc. Announces Public Offering of 6.1 Million ADSs at $0.30 Each, Aiming to Raise $1.83 Million

Picocela Inc., a Tokyo-based provider of enterprise wireless mesh solutions, has announced the pricing of its public offering of 6,100,000 American Depositary Shares (ADSs) at $0.30 per share. The offering is expected to generate gross proceeds of $1,830,000 before deducting expenses. The proceeds will be used primarily for working capital, general corporate purposes, and product development. Revere Securities LLC is the lead placement agent, with Dominari Securities LLC as co-placement agent, for this offering. The offering is anticipated to close soon, contingent on customary closing conditions.

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: LN95124) on May 23, 2025, and is solely responsible for the information contained therein.

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Announces Public Offering of 6.1 Million ADSs at $0.30 Each, Aiming to Raise $1.83 Million\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time smaller\">2025-05-23 20:05</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/PCLA\">PicoCELA</a> Inc. 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