Mergers & Acquisitions ·
WISeQey and SEALSQ agree to merge Quantisimo with GigCapital8 for $666M pro forma equity value
WKEYWISeQey Corp.
WISeQey Corp and its subsidiary SEALSQ Corp have entered into a definitive Agreement and Plan of Merger with GigCapital8 Corp. to combine their quantum technology platform, Quantisimo Corp., via a SPAC merger. Upon closing, WISeQey and SEALSQ will receive an aggregate of 66,610,000 PubCo shares, implying a pro forma equity value for Quantisimo of approximately $666.1 million at $10.00 per share. The transaction requires a minimum cash condition of $15 million and is expected to close in the first quarter of 2027, subject to shareholder approvals and regulatory conditions. WISeQey Corp operates in post-quantum cybersecurity, digital identity, space technology, and IoT.