SEALSQ Corp Announces $20 Million Securities Offering to Fund Strategic Investments and Technology Development
SEALSQ Corp announces a $20 million share offering to fund strategic investments and developments in post-quantum technology.
Quiver AI Summary
SEALSQ Corp, a company specializing in semiconductors and post-quantum technology, announced a securities purchase agreement with institutional investors to sell 10 million ordinary shares at $2.00 each, aiming to raise $20 million before expenses. The funds will support strategic investments in a joint venture, acquisition plans, and the deployment of next-generation semiconductor technology in the U.S. The offering, managed by Maxim Group LLC, is set to close on May 6, 2025, pending customary conditions. SEALSQ emphasizes its role in developing post-quantum…
