Mergers & Acquisitions ·
WISeKey expects to issue 4.18M ordinary shares as cross-border merger with BVI subsidiary awaits regulatory approval
WSKEFWISeQey Corp.
WISeKey International Holding Ltd announced the results of the Class B share election process for its proposed cross-border merger with its BVI subsidiary, now named WISeQey Corp. The election period concluded on September 23, 2026. Based on final results, holders of 518 Class B shares elected to receive WISeQey Class B shares, resulting in an expected issuance of 5,180 such shares upon merger completion. Additionally, the company expects to issue 4,176,654 WISeQey ordinary shares for remaining Class B shares and 1,819,060 Class F shares for outstanding Class A shares. The merger was approved by shareholders on September 9, 2026, but completion remains subject to regulatory procedures in Switzerland and the British Virgin Islands. WISeKey operates in the cybersecurity industry, providing digital identity, IoT solutions, and blockchain technologies.