PicoCELA Inc. Engages with MCC and You Planning for Share Issuance
PicoCELA Inc. Issues Restricted Common Shares to MCC and You Planning
On July 28, 2025, PicoCELA Inc., a Tokyo-based leader in enterprise wireless mesh solutions, revealed that it had entered into share subscription agreements with MCC Venture Capital Limited Liability Company and You Planning Limited Liability Company. These two Osaka-based venture capital firms will significantly aid in supporting PicoCELA's growth strategy through their investments.
Details of the Share Issuance
Under the agreements, PicoCELA agreed to issue a total of 1,298,702 common shares, with each investor receiving 649,351 shares at a price of JPY 77 (approximately $0.52). This translates to a total investment of JPY 50,000,027 (roughly $336,882) from each investor. The completion of this share process occurred on August 18, 2025.
This issuance aligns with the company’s objective to bolster its financial position and expand its market presence. The total amount raised through these subscriptions amounts to JPY 100,000,054, or approximately $673,764. The response from both MCC and You Planning highlights a strong confidence in PicoCELA's operations and future prospects.
Restrictions on Shares
As stipulated in the agreements, the shares issued will be restricted for six months starting from the close date (August 18, 2025). During this period, these shares cannot be transferred, converted into American Depository Shares (ADSs), or resold on the U.S. stock market where the company’s shares and ADSs are registered. The implementation of this restriction seeks to stabilize the share market and secure long-term interests of both parties involved.
Stakeholder Breakdown
Following the issuance, the stakes held by MCC and You Planning will represent 5.6% and 3.7% of PicoCELA's total outstanding shares of 34,614,207. This new partnership is expected to leverage the combined strengths of each venture capital firm to navigate the competitive landscape effectively.
About PicoCELA Inc.
PicoCELA specializes in offering cutting-edge wireless mesh solutions, including the design and installation of mesh Wi-Fi access point devices. The company’s proprietary software, PicoCELA Backhaul Engine, streamlines the deployment of wireless networks by negating the need for complex cabling. Additionally, PicoCELA provides a cloud-based platform known as PicoManager, which aids customers in monitoring their network performance, managing traffic, and integrating edge-computing functionalities on their devices.
Looking Ahead
The announcement of this share issuance and the formation of strategic partnerships reflects PicoCELA's focused ambition to enhance its business operations while adapting to market demands. Moving forward, the company is well-positioned to capitalize on its innovative approaches to connectivity.
Cautionary Note: Forward-looking statements regarding future expectations and plans are subject to numerous risks and uncertainties. As such, actual results may diverge from anticipated outcomes due to various factors influencing market conditions. Stakeholders should remain informed about ongoing developments through official channels.
For further inquiries regarding this issuance, stakeholders can reach out to PicoCELA's investor contacts directly.