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WISeSat.Space closes $10M investment from SEALSQ

The price-protection term may add up to 1,073,216 shares if the VWAP for 10 consecutive trading days ending on the 60th calendar day after Closing is below $10.79 per share.

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Form Type
6-K

Rhea-AI Filing Summary

WISeSat.Space Holdings Corp. (SAIQ) closed a $10 million PIPE investment from SEALSQ Corp. on October 1, 2026, concurrently with the closing of its business combination with Columbus Acquisition Corp. The investment was priced at $10.79 per share, equal to the redemption price, and provides WISeSat with additional equity capital. WISeSat said the capital would support its planned satellite-infrastructure expansion and integration of post-quantum cryptography into satellite, ground and user-segment architectures.

Under the planned collaboration, WISeSat would provide satellite capacity and related space and ground infrastructure, while SEALSQ would use that capacity for planned quantum and post-quantum services. A subscription-agreement price-protection provision may result in additional WISeSat ordinary shares being issued to SEALSQ if the volume-weighted average price over the 10 consecutive trading days ending on the 60th calendar day after closing is below $10.79 per share; additional issuance is capped at 1,073,216 shares. SEALSQ is also subject to customary lock-up restrictions.

Insights

Analyzing...

PIPE investment $10 million Closed October 1, 2026
Purchase price $10.79 per share Equal to the redemption price
Maximum additional issuance 1,073,216 shares Under the subscription-agreement price-protection mechanism
VWAP measurement period 10 consecutive trading days Price-protection condition
Measurement-period end 60th calendar day after Closing Price-protection condition
private investment in public equity (PIPE) financial
"$10 million private investment in public equity (PIPE)"
A private investment in public equity (PIPE) is when a publicly traded company sells new shares or instruments that can become shares directly to a small group of private investors instead of through the open market. Think of it like a company taking a private loan from a few investors rather than holding a big public sale; it raises cash fast but can dilute existing owners and signal either financial need or strong backing by informed investors.
volume-weighted average price financial
"if the volume-weighted average price of WISeSat Ordinary Shares"
Volume-weighted average price (VWAP) is the average price of a stock over a specific time period where each trade is weighted by the number of shares traded, so larger trades influence the average more than small ones. Investors and traders use VWAP as a reference point to judge whether trades are happening at relatively good or poor prices—like checking the average price paid for an item at a market where bulk purchases count more than single-item buys.
post-quantum cryptography (PQC) technical
"integration of post-quantum cryptography (PQC) security technologies"
Post-quantum cryptography (PQC) involves developing new security methods designed to protect digital information against the future threat of powerful quantum computers. These advanced computers could potentially break current encryption techniques, making data vulnerable. For investors, PQC is important because it aims to safeguard sensitive financial and personal information in a world where quantum technology might eventually become a reality.
redemption price financial
"equal to the redemption price"
The redemption price is the amount of money a person receives when they sell or redeem a bond or investment before it matures. It’s important because it determines how much you get back and can affect your overall profit or loss on the investment. Think of it like the price you get when returning a gift card early—it's the value you receive at that time.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How much did WISeSat (SAIQ) raise in its PIPE investment?

WISeSat.Space Holdings Corp. closed a $10 million PIPE investment from SEALSQ Corp. on October 1, 2026, concurrently with the business combination closing.

What was the PIPE price per share for WISeSat (SAIQ)?

The purchase price was $10.79 per share, equal to the redemption price.

Can SEALSQ receive additional WISeSat (SAIQ) shares under the price-protection provision?

Yes. Additional shares may be issued to SEALSQ if the volume-weighted average price for the 10 consecutive trading days ending on the 60th calendar day after closing is below the purchase price, subject to a maximum additional issuance of 1,073,216 shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

  

FORM 6-K 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of October 2026

 

Commission File Number: 001-43495

 

WISeSat.Space Holdings Corp.

(Exact name of registrant as specified in its charter)

 

Craigmuir Chambers, Road Town

Tortola, British Virgin Islands VG1110

(Address of principal executive office)

  

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: 

 

Form 20-F ☒     Form 40-F ☐

 

 

 

 

 

 

  

EXPLANATORY NOTE

 

On October 6, 2026, WISeSat Holdings Corp., a British Virgin Islands business company (“Pubco” or “WISeSat”) issued a press release (the “Press Release”) relating to its previously announced closing (“Closing”) of its business combination with Columbus Acquisition Corp (“CAC”) which occurred on October 1, 2026 (the “Business Combination”), regarding the closing on October 1, 2026, of a $10 million private investment in public equity (“PIPE”) into Pubco by SEALSQ Corp in connection with the Closing of the Business Combination.

 

A copy of the Press Release is attached hereto as Exhibit 99.1 and incorporated herein by reference.

 

Cautionary Note Regarding Forward-Looking Statements

 

This Form 6-K, including its attached Exhibit 99.1, includes “forward-looking statements” with respect to WISeSat. The expectations, estimates, and projections of the businesses of WISeSat may differ from their actual results and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “anticipate,” “intend,” “may,” “will,” “could,” “should,” “potential,” “plan” and similar expressions are intended to identify such forward-looking statements. Actual results may differ materially and adversely from those expressed or implied in any forward-looking statements and WISeSat therefore cautions against placing undue reliance on any of these forward- looking statements. Many of these factors are outside of the control of WISeSat and are difficult to predict. Factors that may cause such differences include, but are not limited to: (1) statements regarding estimates and forecasts of other financial, performance and operational metrics and projections of market opportunity; (2) references with respect to the anticipated benefits of the Business Combination, the PIPE and the projected future financial performance of WISeSat; (3) the outcome of proceedings, legal or otherwise, that may be initiated for or against the parties following the closing of the Business Combination; (4) WISeSat’s ability to scale and grow its business, including through the use of proceeds of the Business Combination, and the advantages and expected growth of WISeSat; (5) the cash position of WISeSat following the closing of the Business Combination and the PIPE; (6) the ability to recognize the anticipated benefits of the Business Combination, which may be affected by, among other things, competition, the ability of WISeSat to grow and manage growth profitably and source and retain its key employees; (7) costs related to the Business Combination; (8) changes in applicable laws and regulations or political and economic developments; (9) the possibility that WISeSat may be adversely affected by other economic, business and/or competitive factors; (10) WISeSat’s estimates of expenses and profitability; (11) operations of WISeSat and its ability to imptlement business plans, forecasts and other expectations after the closing of the Business Combination; (12) WISeSat’s participation in deployment of satellites; (13) the ability to maintain the listing of WISeSat ordinary shares on Nasdaq following the Business Combination; and (14) other risks and uncertainties included in the “Risk Factors” sections of the Registration Statement on Form F-4 filed by WISeSat in connection with the Business Combination, and other documents filed or to be filed with the SEC by WISeSat. The foregoing list of factors is not exclusive. You should not place undue reliance upon any forward-looking statements, which speak only as of the date made. WISeSat and CAC do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in their expectations or any change in events, conditions, or circumstances on which any such statement is based, except as required by law. 

 

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EXHIBIT INDEX

 

Exhibit No.   Description
   
99.1   Press Release, dated October 6, 2026. 

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  WISeSat.Space Holdings Corp.
   
  By: /s/ Carlos Moreira
  Name:  Carlos Moreira
  Title: Chief Executive Officer and Director

 

Date: October 6, 2026

 

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Exhibit 99.1

 

 

WISeSat Announces $10 Million PIPE Investment Led by SEALSQ to Accelerate Space
Cybersecurity and Post-Quantum Communications

 

Investment to strengthen WISeSat’s cybersecurity offering, support a new generation of satellites, and advance secure end-to-end post-quantum communications for sovereign space transactions

 

GENEVA, Switzerland, October 6, 2026 - WISeSat.Space Holdings Corp. (Nasdaq: SAIQ) (“WISeSat.Space”), a space technology company, today announced the closing on October 1, 2026, of a $10 million private investment in public equity (PIPE) by SEALSQ Corp (NASDAQ: LAES) (“SEALSQ”), a company that focuses on developing and selling Semiconductors, PKI, and Post-Quantum technology hardware and software products. WISeSat.Space and SEALSQ are subsidiaries of WISeQey Corp. (formerly known as WISeKey International Holding AG, “WISeQey”) (Nasdaq/SIX: WQEY), a global quantum cybersecurity and space IoT company.

 

The investment provides WISeSat.Space with additional equity capital as it advances it space cybersecurity strategy, including the planned expansion of its satellite infrastructure, and the integration of post-quantum cryptography (PQC) security technologies into its satellites, ground and user-segment architectures.

 

WISeSat.Space is engaged in the development of a new generation of WISeSat.Space satellites, intended to support trusted communications, digital identity, and data exchange through space-based infrastructure. The planned architecture is intended to integrate advanced cybersecurity capabilities with satellite communications, creating a foundation for trusted and resilient communications across space and ground infrastructure.

 

A key focus of the program is expected to be the development of quantum-resilient secure communications capabilities, designed to address emerging cybersecurity threats associated with the future evolution of quantum computing. By incorporating post-quantum security into the satellite communications architecture, WISeSat aims to strengthen device authentication, data integrity, and secure communications across space and ground infrastructure.

 

The collaboration with SEALSQ is also expected to support the development of a broader trusted space infrastructure, under which WISeSat.Space would provide satellite capacity and related space and ground infrastructure, while SEALSQ would use that capacity to support the development and delivery of planned quantum and post-quantum services using its secure semiconductor, cryptographic and trusted identity technologies.

 

 

 

  

Carlos Moreira, CEO of WISeSat.Space, SEALSQ and WISeQey noted, “This investment brings together two companies within the WISeQey group around a shared goal: making space infrastructure secure against both current and future cyber threats. For WISeSat.Space, it provides capital to advance our next generation of satellites and to build post-quantum security into our space, ground and user segments. For SEALSQ, it opens a path to deliver quantum and post-quantum services using WISeSat.Space’s satellite capacity. Together, secure semiconductors, cryptography and satellite connectivity have the potential to help set new standards for trust and security across the emerging space economy.”

 

Gwenael Rouy-Poirier, CFO of WISeSat.Space, added, “Capital is only valuable if it translates into execution. This $10 million investment strengthens our balance sheet as we move into the next phase of WISeSat.Space’s development. Our focus is disciplined capital allocation as we advance the satellite infrastructure, post-quantum security integration and industrial partnerships required to build a scalable business. We intend to deploy this capital carefully, prioritizing the investments that move us closer to delivering secure, revenue-generating space services and long-term value for our shareholders.”

 

The new satellite program is expected to contribute to WISeSat.Space’s broader vision of bringing trust and sovereignty to space transactions, enabling secure interactions among independently operated space and terrestrial systems while strengthening the protection of critical digital assets.

 

The PIPE Investment closed on October 1, 2026, concurrently with the closing of the Business Combination.  The purchase price per share, equal to the redemption price, was $10.79 per share.  The Subscription Agreement includes a price-protection mechanism that may result in the issuance of additional WISeSat Ordinary Shares to SEALSQ under certain conditions if the volume-weighted average price of WISeSat Ordinary Shares for the 10 consecutive trading days ending on the 60th calendar day after Closing is below the purchase price, subject to a maximum issuance of an additional 1,073,216 shares. SEALSQ is also subject to customary lock-up restrictions under the Subscription Agreement.

 

About WISeQey

 

WISeQey Corp. (“WISeQey”), is a British Virgin Islands holding company focused on post quantum cybersecurity, digital identity, space technology and the Internet of Things (IoT). Its operating subsidiaries and technology platforms address distinct parts of this portfolio:

 

1.SEALSQ Corp (Nasdaq: LAES) develops secure semiconductors, public key infrastructure (PKI) and post-quantum security products.

 

2.WISeSat.Space (Nasdaq: SAIQ) develops space technology and secure satellite communications, particularly for IoT applications.

 

3.WISeID provides digital identity, authentication, secure access and digital signing for individuals, enterprises and connected devices.

 

4.WISe.ART Corp operates the WISe.ART marketplace, which uses blockchain technology to support trusted digital asset and NFT transactions.

 

5.SEALCOIN AG develops decentralized physical infrastructure network (DePIN) technology and the SEALCOIN platform.

 

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Each subsidiary contributes to WISeQey’s mission of securing the internet while focusing on their respective areas of research and expertise. Their technologies seamlessly integrate into the comprehensive WISeQey platform. WISeQey secures digital identity ecosystems for individuals and objects using blockchain, AI, and IoT technologies. With over 1.6 billion microchips deployed across various IoT sectors, WISeQey plays a vital role in securing the Internet of Everything. Trusted by the OISTE/WISeQey cryptographic Root of Trust, WISeQey provides secure authentication and identification for IoT, blockchain, and AI applications. The WISeQey Root of Trust ensures the integrity of online transactions between objects and people. For more information on WISeQey’s strategic direction and its subsidiary companies, please visit www.wisekey.com.

 

About SEALSQ:

 

SEALSQ is a leading innovator in Post-Quantum Technology hardware and software solutions. Our technology seamlessly integrates Semiconductors, PKI (Public Key Infrastructure), and Provisioning Services, with a strategic emphasis on developing state-of-the-art Quantum Resistant Cryptography and Semiconductors designed to address the urgent security challenges posed by quantum computing. As quantum computers advance, traditional cryptographic methods like RSA and Elliptic Curve Cryptography (ECC) are increasingly vulnerable.

 

SEALSQ is pioneering the development of Post-Quantum Semiconductors that provide robust, future-proof protection for sensitive data across a wide range of applications, including Multi-Factor Authentication tokens, Smart Energy, Medical and Healthcare Systems, Defense, IT Network Infrastructure, Automotive, and Industrial Automation and Control Systems. By embedding Post-Quantum Cryptography into our semiconductor solutions, SEALSQ ensures that organizations stay protected against quantum threats. Our products are engineered to safeguard critical systems, enhancing resilience and security across diverse industries.

 

For more information on our Post-Quantum Semiconductors and security solutions, please visit www.sealsq.com.

 

About WISeSat

 

WISeSat is a space technology company focused on secure satellite communications for Internet of Things applications. Its approach combines satellite infrastructure with cybersecurity and digital identity technologies to support trusted communications between connected devices and ground-based systems.

 

Forward-Looking Statements

 

This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target” or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements also include, but are not limited to, statements regarding estimation of the listing. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of WISeSat’s management and are not predictions of actual performance. These statements involve risks, uncertainties and other factors that may cause the actual results, levels of activity, performance, or achievements to be materially different from those expressed or implied by these forward-looking statements. Although WISeSat believes that it has a reasonable basis for each forward-looking statement contained in this press release, WISeSat cautions you that these statements are based on a combination of facts and factors currently known and projections of the future, which are inherently uncertain. The forward-looking statements in this press release represent the views of WISeSat as of the date of this press release. Subsequent events and developments may cause those views to change. Except as may be required by law, WISeSat does not undertake any duty to update these forward-looking statements.

 

CONTACTS

 

WISeSat:

 

Carlos Moreira

Chairman & CEO

Tel: +41 22 594 3000

info@wisesat.com

 

WISeSat Investor Relations:

 

The Equity Group Inc.

Lena Cati

Tel: +1 212 836-9611

Lena.cati@theequitygroup.com

 

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