Pixie Dust Technologies, Inc. Sponsored ADR (PXDT) has released an update.
Pixie Dust Technologies, Inc. announces its 7th Annual General Meeting (AGM) with an agenda including the election of five directors and the issue of stock acquisition rights. Despite focusing on the development of non-contact, non-invasive technology, the company reports significant fiscal year losses and acknowledges challenges in profitability and going concern uncertainties. The company has implemented measures such as fundraising through ADRs on the NASDAQ and securing new talents to improve its financial position and ensure future growth.
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