Financing ·
PicoCELA converts 5M preferred shares to common stock; reduces executive share restrictions
PCLAPicoCELA Inc.
About Investment Pte. Ltd. converted 5,000,000 Class A Preferred Shares into 5,000,000 Common Shares following a notice dated September 30, 2026. The Board reduced the transfer restriction period for restricted shares held by Chairman Hiroshi Furukawa and COO Hideaki Horikiri from 20 to 10 years and authorized the acquisition of returned shares without consideration. Consequently, both executives surrendered a combined total of 5,000,000 restricted shares back to the company as treasury stock on September 30, 2026. Post-transaction, there are 9,613,805 Common Shares and 15,000,000 Preferred Shares outstanding. PicoCELA Inc. operates in the technology sector.