PicoCELA Inc. issued 20,000,000 Class A preferred shares at $0.25 per share, raising gross proceeds of $5,000,000. The net proceeds of approximately $4,449,975 will be used for mesh wi-fi product manufacturing and U.S. listing maintenance. The offering was placed by Univest Securities, LLC. PicoCELA Inc. is a technology company that develops and provides mesh wi-fi products.
