UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
FORM
6-K
REPORT
OF FOREIGN PRIVATE ISSUER
PURSUANT
TO RULE 13a-16 OR 15d-16
UNDER
THE SECURITIES EXCHANGE ACT OF 1934
For
the month of January, 2024
Commission
File Number 001-41749
PIXIE
DUST TECHNOLOGIES, INC.
(Translation
of registrant’s name into English)
Pixie
Dust Technologies, Inc.
2-2-1
Yaesu, Chuo-ku
Tokyo, 104-0028, Japan
(Address
of Principal Executive Offices)
Indicate by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F:
☒ Form 20-F ☐ Form 40-F
INFORMATION
CONTAINED IN THIS FORM 6-K REPORT
Issuance of Press Release
On January 11, 2024,
Pixie Dust Technologies, Inc. (the “Company”) issued a press release announcing the introduction of the new one-time purchase
model for its speaker, kikippa, in addition to the current recurring subscription model.
The press release furnished in this report as
Exhibit 99.1 shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended,
or otherwise subject to the liabilities of that section, and shall not be deemed to be incorporated by reference into any filing of the
Company under the Securities Act of 1933, as amended, or the Exchange Act, as amended, except to the extent specifically provided in such
a filing.
EXHIBIT INDEX
SIGNATURES
Pursuant to the requirements
of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.
|
Pixie Dust Technologies, Inc. |
Date: January 11, 2024 |
|
|
|
By: |
/s/ Yoichi Ochiai |
|
|
Name: |
Yoichi Ochiai |
|
|
Title: |
Chief Executive Officer |
2
Exhibit 99.1
Pixie Dust Technologies, Inc. Introduces Additional
Pricing
Option for Proprietary Speaker kikippa
New York, New York and Tokyo, Japan, January
11, 2024 – Pixie Dust Technologies, Inc. (Nasdaq: PXDT) (the “Company”),
a Japanese technology company focused on commercializing innovative products and materials utilizing proprietary wave control technology,
today announced that it has introduced a one-time purchase model for its speaker, kikippa, in addition to the current recurring subscription
model.
kikippa is a speaker that processes and outputs
gamma wave sound with 40Hz modulation using a unique algorithm for audio generated from TVs and other devices. The product is the result
of the collaborative effort between the Company and Shionogi Healthcare Co., Ltd.
Up until now, Pixie Dust has been selling kikippa
as a recurring subscription model, but in response to increased demand, the Company has introduced the “kikippa Gamma Wave Mode2
Indefinite Plan,” which includes the full speaker price and service usage fee as a one-time cost. The product is now available from
Rakuten Ichiba and Shionogi Healthcare Online and will be expanded considerably in the future.
kikippa Pricing Plans
| ● | kikippa Gamma Wave Mode2 Indefinite
plan (new price model): |
| o | Speaker body + service usage fee3: $686 USD (¥99,000
JPY)4 |
| o | Sales page: Rakuten Ichiba |
| o | Shionogi Healthcare Online is only available by phone (toll-free
0120-117-715, reception hours 9:00-17:00) |
| ● | kikippa
Gamma Wave Mode2 Monthly plan (current price model): |
| o | Speaker unit price: $343 USD (¥49,500 JPY)4 |
| o | Service usage fee 3: 1$14 USD per Month (¥1,980 JPY)4 |
| o | Sales page: Shionogi Healthcare
Online* |
| 2 | “Gamma wave mode” means providing services for
using gamma wave sound (using gamma wave mode, updating gamma wave sound, etc.) |
| 3 | “Service usage fee” is a fee for using Gamma
Wave Sound, updating to the latest information, My Page service on a dedicated website, etc. for a fixed amount. |
| 4 | The Company’s functional currency and reporting currency
is the Japanese yen (which we refer to as “JPY” or “¥”). The terms “USD,” or “$” refer to
U.S. dollars, the legal currency of the United States. Convenience translations included in this press release of Japanese
yen into U.S. dollars have been made at the exchange rate of ¥144.29 = US$1.00 |
| * | For information purpose only. The website and information
thereon are not part of this press release nor incorporated by reference herein. |
Forward-Looking Statements
Certain statements contained in this press release
are “forward-looking statements” made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act
of 1995. Such forward-looking statements reflect the Company’s current expectations or beliefs concerning future events and actual events
may differ materially from current expectations. Any such forward-looking statements are subject to various risks and uncertainties, including
the strength of the economy, changes to the market for securities, political or financial instability and other factors which are set
forth in the Company’s Annual Report on Form 20-F for the year ended April 30, 2023 (File No. 001-41749) filed with the SEC, and in all
filings with the SEC made by the Company subsequent to the filing thereof. The Company does not undertake to publicly update or revise
its forward-looking statements, whether as a result of new information, future events or otherwise.
About Pixie Dust Technologies, Inc.
Pixie Dust Technologies, Inc. is a Japanese technology
company focused on commercializing innovative products and materials utilizing proprietary wave technology. The Company is currently focusing
on two areas of product development: (1) “Personal Care & Diversity”, where wave control technology is applied to mechanobiology
and intervention/assistance in vision, hearing, and touch, and (2) “Workspace & Digital Transformation,” where metamaterials
(technology that creates properties through structure rather than material) and solutions to commercial design problems, such as in offices
or construction sites, are applied.
Pixie Dust Technologies Contact:
“kikippa” PR Office
kikippa_pr@sec.dentsuprc.co.jp
Pixie Dust Technologies, Inc.
Contact: https://pixiedusttech.com/contact/
kikippa and related logos are trademarks or
registered trademarks of Pixie Dust Technologies, Inc.
3
Pixie Dust Technologies (NASDAQ:PXDT)
Graphique Historique de l'Action
De Sept 2024 à Oct 2024
Pixie Dust Technologies (NASDAQ:PXDT)
Graphique Historique de l'Action
De Oct 2023 à Oct 2024