SEALSQ agrees to invest USD 10 million in WISeSat.Space Holdings
SEALSQ Corp agreed to invest USD 10 million in WISeSat.Space Holdings through a subscription for Pubco ordinary shares.
Pricing was set at the CAC public-share redemption price at the business combination closing with Columbus Acquisition.
The deal includes downside protection via additional shares if the 10-day VWAP 60 days post-close falls below the purchase price, with a floor of USD 5.
A resale registration is to be filed after the additional-share calculation, followed by a lock-up lasting 60 days after registration effectiveness.
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