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0.00671789242590554 0.00219538968166845 -0.0120746432491769 -0.016597145993414 -0.0384193194291986 -0.0326673984632273 -0.035126234906696 -0.0528210757409441
Stock impact report

SEALSQ Announces Strong Year End Financial Position

SEALSQ Corp - Ordinary Shares (LAES) 
Company Research Source: GlobeNewswire
Geneva, Switzerland, Dec. 30, 2024 (GLOBE NEWSWIRE) -- SEALSQ Corp (NASDAQ: LAES) ("SEALSQ" or "Company"), a company that focuses on developing and selling Semiconductors, PKI and Post-Quantum technology hardware and software products, today announced it expects to end the year with a strong balance sheet and a cash position which is projected to be in excess of $85 million by January 3, 2025. The Company’s advancements in post-quantum technology, widely recognized as a key driver of future growth, have positioned SEALSQ as a leader in this transformative sector. As part of its strategic initiatives, SEALSQ recently raised gross proceeds of $60 million through multiple registered direct offerings. This includes a $10 million registered direct offering announced on December 12, 2024, and an additional $50 million raised through two subsequent registered direct offerings completed in December 2024. As a result, at December 30, 2024, SEALSQ’s total ordinary shares outstanding reache Show less Read more
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