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Listing profile

PicoCELAピコセラ

Nasdaq: PCLAListed
Latest$4.73
From IPO+18.3%
IPO price$4.00
Filed
Priced
$4.00
Traded
Nasdaq
Offering data
Offer price$4.00 PROV.
Deal size~$8.0M
Last$4.73 PROV.
Return+18.3%
vs cohort median+89pt (median -70.3%)
ExchangeNasdaq
StructureF-1 ADR
Syndicate & advisers
BookrunnerBenjamin Securities / PNC
AuditorTAAD
US counselHunter Taubman Li
JP counselTodoroki Law Office
AdvisorSpirit Advisors
Business overview

PicoCELA is a Japan-based wireless-networking company built around multi-hop “backhaul” technology — connecting Wi-Fi access points to one another wirelessly instead of by cable, which lowers the wiring cost and install labor for large venues, warehouses and offices. It is classified by the SEC under Electric Lighting & Wiring Equipment and listed as an Emerging Growth Company.