PicoCELA (PCLA) Prices 1.75M ADSs IPO at $4/sh

Go back to PicoCELA (PCLA) Prices 1.75M ADSs IPO at $4/sh

PicoCELA Inc. Announces Pricing of Initial Public Offering

January 16, 2025 6:00 AM EST

TOKYO, Jan. 16, 2025 /PRNewswire/ -- PicoCELA Inc. ("PicoCELA" or the "Company"), a Tokyo-based provider of enterprise wireless mesh solutions, today announced the pricing of its initial public offering (the "Offering") of 1,750,000 American Depositary Shares ("ADSs") at a public offering price of $4.00 per ADS for a total of $7,000,000 of gross proceeds to the Company, before deducting underwriting discounts, non-accountable expense allowance, and offering expenses. Each ADS represents one common... More