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PicoCELA, Inc. ADR ( (PCLA) ) just unveiled an update.
On April 22, 2025, PicoCELA Inc. received a notification from Nasdaq regarding non-compliance with the minimum bid price requirement, as its shares fell below $1.00 for 30 consecutive business days. The company has until October 20, 2025, to regain compliance, potentially through measures like a reverse stock split. This notification does not currently affect PicoCELA’s Nasdaq listing, and the company plans to monitor its share price closely.
More about PicoCELA, Inc. ADR
PicoCELA Inc. is a Tokyo-based company that provides enterprise wireless mesh solutions. The company specializes in manufacturing, installing, and servicing mesh Wi-Fi access point devices. Its proprietary technology, the PicoCELA Backhaul Engine, facilitates easy installation by eliminating the need for extensive LAN cabling. Additionally, PicoCELA offers a cloud portal service, PicoManager, for monitoring connectivity and communication traffic.
YTD Price Performance: -79.19%
Average Trading Volume: 809,531
Learn more about PCLA stock on TipRanks’ Stock Analysis page.
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