PicoCELA Inc.

PicoCELA Inc. announced an Extraordinary General Meeting of Shareholders to approve a preferential issuance of up to 20,000,000 Class A Preferred Shares to About Investment Pte. Ltd. for US$0.25 per share. This capital raise is critical for the company to address its "unfavorable financial position" and continue as a going concern. If approved, About Investment Pte. Ltd. would own over 50% of PicoCELA's voting shares. The meeting will also consider amending the Articles of Incorporation to increase authorized preferred shares and adjust conversion rates, and electing two new independent directors.

PicoCELA Inc. announced significant changes to its executive leadership, effective July 1, 2026. Mr. Hiroshi Furukawa transitioned from CEO to Chairman, Chief Technology Officer, and Representative Director. Concurrently, Mr. Hideaki Horikiri moved from CFO to President, Chief Operating Officer, and Director. These changes follow the resignation of Mr. Toshihito Kanai as CTO and Director, effective June 30, 2026, citing personal reasons.

PicoCELA Inc. announced an Extraordinary Shareholders' Meeting on April 30, 2026, to vote on several key proposals. These include amending the Articles of Incorporation to increase authorized shares and establish Class A Preferred Shares, and the subsequent issuance of 4,000,000 Class A Preferred Shares at $1.25 each to About Investment Pte. Ltd. Additionally, shareholders will vote on the election of two new independent directors, Lim Kien Leong and Jong Han Rey Foo, aimed at strengthening the company's management supervisory function.