PicoCELA Inc. Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency

TOKYO, April 24, 2025 /PRNewswire/ -- PicoCELA Inc. ("PicoCELA" or the "Company,"Nasdaq: PCLA), a Tokyo-based provider of enterprise wireless mesh solutions, today announced that the Company received a letter (the "Notification Letter") from the Listings Qualifications Department of the Nasdaq Stock Market LLC ("Nasdaq") on April 22, 2025, notifying the Company that it is not in compliance with the minimum bid price requirement as set forth under Nasdaq Listing Rule 5550(a)(2) for continued listing on Nasdaq. This press release is issued pursuant to Nasdaq Listing Rule 5810(b), which requires prompt disclosure upon the receipt of a deficiency notification.

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