Summary：**Levi & Korsinsky Urges PICS Investors: Act Before August 4, 2026 Class Action Deadline** *From IP

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**Levi & Korsinsky Urges PICS Investors: Act Before August 4, 2026 Class Action Deadline**
*From IPO Euphoria to Disillusionment: How Investor Confidence in PicS N.V. Collapsed as a Hidden December 2025 Credit Review and R$590 Million Loan Reclassification Erased More Than Half of Shareholders' Investment Value*
NEW YORK, July 22, 2026 /PRNewswire/ —

### Introduction
Levi & Korsinsky, a leading securities litigation firm, has issued an urgent notice to all shareholders of PicS N.V. (PICS) advising them to preserve their legal rights before the August 4, 2026 deadline for filing claims in the pending class‑action lawsuit. The alert follows a series of revelations that exposed a concealed credit review in December 2025 and a subsequent reclassification of a R$590 million loan, which together slashed the company’s market valuation by over 50 %.

### Key Developments
In early 2024, PicS N.V. enjoyed a robust IPO, buoyed by optimistic growth forecasts for its specialty chemicals division. By late 2025, however, internal auditors uncovered that the company’s credit facility had been downgraded after a undisclosed review by its primary lender. The review triggered a mandatory reclassification of a R$590 million term loan from long‑term to current liability, inflating short‑term debt ratios and breaching covenants.

The resulting financial restatement, released in February 2026, showed a sudden drop in earnings before interest, taxes, depreciation and amortization (EBIT