Recent Updates — WKEY

WISeQey Corp. completed its cross-border merger and redomiciliation from Switzerland to the British Virgin Islands, commencing unified trading under ticker WQEY on Nasdaq and the SIX Swiss Exchange on October 5, 2026. The company also confirmed that subsidiary WISeSat.Space began trading on Nasdaq as SAIQ following its business combination with Columbus Acquisition Corp. on October 2, 2026. WISeQey retains an approximately 88.5% beneficial ownership stake in WISeSat.Space and outlines a strategy to integrate secure semiconductors, digital identity, and satellite connectivity into a unified platform for the Intelligence Age. The company operates in the post-quantum cybersecurity, digital identity, space technology, and Internet of Things sectors.

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.

WISeQey Corp. began trading on the Nasdaq and SIX exchanges under the symbol WQEY following its redomiciliation from Switzerland to the British Virgin Islands. Concurrently, WISeSat.Space Holdings Corp., a subsidiary of WISeQey, closed a $10 million private investment in public equity (PIPE) led by SEALSQ Corp. The investment was priced at $10.79 per share and includes a price-protection mechanism that may result in additional shares if the stock price falls below this level over a specified period. WISeSat.Space intends to use the capital to expand its satellite infrastructure and integrate post-quantum cryptography security technologies into its space, ground, and user-segment architectures. The transaction is classified as a related party transaction as both companies are subsidiaries of WISeQey. WISeQey Corp. operates in the quantum cybersecurity, digital identity, and space technology sectors.

WISeKey International Holding Ltd completed its redomiciliation from Switzerland to the British Virgin Islands through a cross-border merger with its wholly owned subsidiary, WISeQey Corp., effective October 1, 2026. Existing American Depositary Shares will trade under the previous ticker until close of business on October 2, 2026, after which they are cancelled and exchanged for new ordinary shares at a ratio of two existing ADSs to one new share. New ordinary shares are expected to commence trading under the ticker "WQEY" on Nasdaq and the SIX Swiss Exchange on Monday, October 5, 2026. This corporate restructuring changes the company's legal domicile while maintaining its primary listing in Switzerland. WISeQey operates in the cybersecurity and Internet of Things (IoT) industry, providing post-quantum security solutions, digital identity services, and space technology.

WISeKey International Holding Ltd reported a net loss attributable to its shareholders of $9.3 million for the six months ended June 30, 2026, compared to a $4.5 million loss in the prior year period. Net sales increased by approximately 116% to $11.4 million from $5.3 million, while gross profit expanded to $5.5 million from $1.9 million. Operating expenses rose significantly to $46.4 million, driven by higher research and development costs of $9.6 million and general and administrative expenses of $27.4 million. The company holds $489 million in cash and equivalents as of June 30, 2026. WISeKey operates in the cybersecurity industry, providing secure identity solutions and cryptographic services.

WISeKey International Holding AG announced that its planned redomiciliation from Switzerland to the British Virgin Islands is expected to become effective on October 2, 2026. The transaction involves a cross-border merger of WISeKey into its wholly owned BVI subsidiary, WISeQey Corp., which will continue as the surviving entity and assume all assets, rights, liabilities, and obligations. Shareholders approved the merger at an Extraordinary General Meeting on September 9, 2026. Following delisting on October 2, existing securities will be exchanged for new ordinary shares of WISeQey, which are expected to commence trading under the ticker symbol "WQEY" on Nasdaq and the SIX Swiss Exchange around October 5, 2026. The company's operational headquarters and management will remain in Switzerland, with no changes to underlying business operations anticipated. This corporate restructuring aims to provide greater flexibility for international development and access to global capital markets while supporting a strategic expansion into quantum-security technologies. WISeKey operates in the cybersecurity industry, providing digital identity solutions, trusted semiconductors, secure communications, and IoT security platforms.