PICS Shareholder Alert: Investors With Losses May Seek to Lead the Class Action in PicS N.V. ...

SueWallSt issued an investor alert tied to PicS N.V. (Nasdaq: PICS), saying some shareholders with losses from the company’s January 30, 2026 initial public offering may seek to lead a securities class action. The filing was made in the U.S. District Court for the Southern District of New York on behalf of investors who purchased Class A common stock in or traceable to the IPO. SueWallSt said PicS shares were sold publicly at $19.00 each, raising $434.3 million in gross proceeds. By June 4, 2026, shares traded below $9.00, a decline of more than 52%. The lead plaintiff deadline is August 4, 2026.