SEALSQ subscribes for USD 10 million WISeSat.Space Holdings shares in private placement
Reuters2026/08/18 20:17- SEALSQ Corp agreed to invest USD 10 million in WISeSat.Space Holdings through a subscription for Pubco ordinary shares.
- Pricing set at the CAC public-share redemption price at the business combination closing with Columbus Acquisition.
- Deal includes downside protection via additional shares if the 10-day VWAP 60 days post-close falls below the purchase price, floored at USD 5.
- Resale registration to be filed after the additional-share calculation, followed by a lock-up lasting 60 days after registration effectiveness.
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