Issued a private placement of new shares to be underwritten by Fashion VR’s Psychic VR Lab, Colopl VR Fund, and others

Psychic VR Lab, a provider of the VR creative platform “STYLY” (https://styly.cc), is pleased to announce its completion of a private placement of new shares with Colopl VR Fund and others. Based on the funds raised, the company will develop technologies for more enhanced user experiences and services for content delivery to various VR head-mounted displays, including smartphones.