
SEALSQ Corp closes US$10M WISeSat.Space PIPE with price protection
The Oct. 1 cash subscription issued 926,784 WISeSat shares at US$10.79; a November price test could add up to 1,073,216 shares.

The Oct. 1 cash subscription issued 926,784 WISeSat shares at US$10.79; a November price test could add up to 1,073,216 shares.

The Oct. 1 close follows a 25 million share proposal, but the completion notices give no final ownership percentage or cash proceeds to the parent.

Gross margin reached about 48 per cent in the June half, while WISeQey shares are due to trade as WQEY on Oct. 5 after an ADS conversion.



The 18-month HHS award covers all three Xacta modules plus integration, training and migration services.
The Swiss cybersecurity group expects Oct. 2 to be the last session for its existing ADSs and Class B shares before a planned WISeQey listing.
A CAD administration role accounts for US$57,127 of the forecast; a US$3.43M ten-year value depends on continued authorization.
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