WISeKey International Holding AG disclosed a Takeover Board ruling on a planned opting-out clause tied to the merger into WISeKey International Corp.
The Takeover Board found the opting-out provision would be valid under takeover law if included in WISeKey International Corp.’s bylaws by the merger time.
The decision set a CHF 30,000 fee payable jointly by WISeKey International Holding AG and WISeKey International Corp.
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