PicoCELA Raises $1.83M in Public Offering: 70% for Growth, 30% for R&D at $0.30 per ADS

PicoCELA Inc. Completes Public Offering to Fuel Growth – TipRanks.com

PicoCELA, Inc. ADR ( ($PCLA) ) has shared an update. On May 22, 2025, PicoCELA Inc. announced the pricing of a best-efforts follow-on public ...http://dlvr.it/TL2ktd

PicoCELA Inc. Announces Closing of Public Offering - IT News Direct

TOKYO, May 27, 2025 /PRNewswire/ — PicoCELA Inc. (“PicoCELA” or the “Company,”) (Nasdaq: PLCA), a Tokyo-based provider of enterprise wireless mesh solutions, today announced the closing of its previously announced best-efforts public offering (the “Offering”) of 6,100,000 American Depositary Shares (“ADSs”) at a public placement price of $0.30 per ADS. The Company received aggregate gross proceeds of $1,830,000, before deducting placement agent …

PicoCELA Raises $1.83M in Public Offering: 70% for Growth, 30% for R&D at $0.30 per ADS

Japanese wireless mesh provider secures $1.83M through ADS offering, allocating funds between growth and R&D. See detailed breakdown of capital deployment.