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 October, 2023
Commission
File Number 001-41749
PIXIE
DUST TECHNOLOGIES, INC.
(Translation
of registrant’s name into English)
Pixie
Dust Technologies, Inc.
2-20-5
Kanda Misaki-cho, Chiyoda-ku
Tokyo, 101-0061, 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
October 24, 2023, Pixie Dust Technologies, Inc. (the “Company”) issued a press release to announce that its kikippa speaker
was awarded the 2023 Good Design Award in Japan.
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.
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Pixie
Dust Technologies, Inc. |
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By: |
/s/
Yoichi Ochiai |
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Name:
Yoichi Ochiai |
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Title:
Chief Executive Officer |
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Date:
October 24, 2023
2
Exhibit 99.1
Pixie Dust Technologies, Inc. Receives
the 2023 Good Design Award for the kikippa Speaker
New York, NY and Tokyo, Japan, October 24, 2023 – Pixie Dust
Technologies, Inc. (Nasdaq: PXDT) (the “Company”), a Japanese technology company focused on commercializing innovative products
and materials utilizing proprietary wave technology, announced its kikippa speaker was awarded the 2023 Good Design Award in Japan. The
device will be featured at the 2023 Good Design Exhibition held from October 25 to October 29, 2023, in Tokyo, Japan.
kikippa is an acoustic stimulation device functioning as a speaker
and is equipped with gamma wave modulation technology that processes and modulates regular TV audio with a 40-Hz amplitude modulation
algorithm. The device is specifically engineered to cater towards the unique needs of elderly users by seamlessly integrating gamma wave
sounds into everyday lives and employing a compact and user-friendly design to ensure ease of use.
kikippa also provides speaker usage data available for communication
through its Mimamori function, improving the user experience and providing further value to its target customers. The Company hopes that
kikippa will contribute to the healthy living for the elderly and their families.
The Good Design Award serves as a comprehensive program in Japan for
evaluating and recognizing excellent design achievements. In addition to assessing design innovation, this award places a strong emphasis
on positive societal impacts. Award recipients are determined through a panel of jury members who not only evaluate the aesthetic and
functional aspects of the product but also its commitment to addressing pressing social issues or the potential for future development.
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 Registration Statement on Form F-1 (File No. 333-272476), as amended, 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 Investor Relations Contact:
Email: PXDT_IR@pixiedusttech.com
Gateway Group, Inc.
John Yi and Luke Johnson
Email: pixie@gateway-grp.com
Pixie Dust Technologies (NASDAQ:PXDT)
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