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
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News
- 2025 Expected to be a Pivotal Year for SEALSQ and WISeKey in Quantum and Post-Quantum Technologies [Yahoo! Finance]Yahoo! Finance
- 2025 Expected to be a Pivotal Year for SEALSQ and WISeKey in Quantum and Post-Quantum TechnologiesGlobeNewswire
- SEALSQ and WISeSat Unite to Build Next-Generation Secure Satellite Constellation with Satellite-as-a-Service (SataaS) ModelGlobeNewswire
- SEALSQ Corp Regains Nasdaq Compliance, Strengthening Market Position [Yahoo! Finance]Yahoo! Finance
- SEALSQ Regains Compliance with Nasdaq's Minimum Bid Price Requirement [Yahoo! Finance]Yahoo! Finance
LAES
Sec Filings
- 1/2/25 - Form 424B3
- 1/2/25 - Form 6-K
- 1/2/25 - Form 424B5
- LAES's page on the SEC website