WKEY expects its redomiciliation from Switzerland to the British Virgin Islands to become effective on October 2, 2026, following completion of applicable registration procedures. The change is being carried out through a cross-border merger into WISeQey Corp., its wholly owned British Virgin Islands subsidiary, which will survive. WISeKey shareholders approved the merger on September 9, 2026.
WISeQey ordinary shares are expected to begin trading on or about October 5, 2026 under ticker WQEY on Nasdaq Global Market and SIX Swiss Exchange, where they will have a primary listing. October 2, 2026 is expected to be the last trading day for existing WISeKey American Depositary Shares on Nasdaq and Class B shares on SIX. After delisting and cancellation, holders will receive applicable WISeQey securities under previously communicated exchange ratios, elections and settlement procedures. WISeKey says its underlying businesses and operations are not expected to change; WISeQey's operational headquarters and place of effective management will remain in Switzerland.
WISeKey International Holding S.A. (WKEY) reported the Class B share election results for its proposed cross-border merger with its British Virgin Islands subsidiary. Holders of 518 WISeKey Class B registered shares validly elected to receive WISeQey Class B shares. Holders who did not make a timely and valid election will receive one WISeQey ordinary share for each WISeKey Class B share held. The election period concluded on September 23, 2026, at 14:00 CEST.
The former subsidiary, previously named WISeKey International Corp., changed its name to WISeQey Corp. effective September 16, 2026, and will be the surviving company. WISeKey shareholders approved the merger on September 9, 2026; completion remains subject to remaining closing conditions and applicable Swiss and BVI corporate, regulatory and administrative procedures. WISeKey said it will provide an update on the effective date and the commencement of WISeQey ordinary-share trading on Nasdaq and SIX Swiss Exchange after the conditions and implementation steps are completed.
Wisekey International Holding S.A. (WKEY), through its majority-owned subsidiary SEALSQ Corp, reported strong top-line growth but wider losses for the six months ended June 30, 2026. SEALSQ’s revenue rose 131% to $11.2 million, driven by secure-element products, PKI services, IC’Alps consolidation and initial Quantix design-center revenue.
Gross profit increased to $5.4 million from $1.6 million, while operating loss widened to $32.2 million and net loss to $27.8 million, reflecting higher R&D, G&A and integration spending. Cash, cash equivalents and restricted cash totaled $486.1 million, and SEALSQ reaffirmed FY2026 revenue guidance of $27–$36 million versus $18.3 million in 2025. Management highlighted a commercial pipeline of over $225 million in potential revenue through 2029 and expects initial commercial revenue from post-quantum products QS7001 and QVault TPM toward late 2026.
Wisekey International Holding S.A. (WKEY) reports that shareholders have approved a redomiciliation of the group holding company from Switzerland to the British Virgin Islands via a merger with WISeKey International Corp., a wholly owned BVI subsidiary that will be the surviving company. The approval was granted at an Extraordinary General Meeting held on September 9, 2026, under a merger agreement dated June 26, 2026.
The merger and redomiciliation are described as an important milestone but still depend on satisfaction of remaining closing conditions, including regulatory approvals. Upon completion, WISeKey BVI is expected to become the publicly traded parent company listed on Nasdaq and SIX Swiss Exchange. The company highlights this new structure as intended to support international growth and access to global capital markets. WISeKey also notes it has deployed over 1.6 billion microchips across IoT sectors through its cybersecurity and digital identity platform and multiple specialized subsidiaries.
Wisekey International Holding S.A. (WKEY) filed an initial statement of beneficial ownership (Form 3) for Alexander Sebastian Hirsch, who serves as Chief Marketing Officer. The filing does not list any reportable transactions or equity holdings for him at this time.
Wisekey International Holding S.A. (WKEY) reported the appointment of Alexander Hirsch as Group Chief Marketing Officer. He will coordinate global marketing, communications, brand positioning and go-to-market activities across WISeKey and its subsidiaries, including SEALSQ, WISeSat and WISeID, as the Group expands in post-quantum cybersecurity, semiconductors, quantum technologies, satellite communications and digital identity.
Hirsch previously held senior marketing roles at Salesforce, where he led executive marketing across Europe and major global partnership initiatives, and at the World Economic Forum as Head of Marketing Platforms. His mandate includes building a unified global marketing strategy, strengthening the Group’s common narrative, supporting commercial revenue growth, expanding strategic partnerships and enhancing investor-facing communications.
Wisekey International Holding S.A. (WKEY) reports several steps related to the proposed business combination of its space subsidiary with a SPAC. On August 6, 2026, SEALSQ Corp., a subsidiary and Seller alongside Wisekey, signed a Subscription Agreement with the British Virgin Islands holding company that will be the post‑combination parent and with the SPAC counterparty.
Under this agreement, SEALSQ committed to purchase $10,000,000 of that parent’s ordinary shares at a price equal to the SPAC public shareholders’ redemption price. Using an illustrative redemption price of $10.66 per share as of June 30, 2026, this would equal 938,086 ordinary shares, issued concurrently with the business combination closing. The subscription includes price‑protection mechanics that could grant additional shares or pre‑funded warrants if post‑closing trading prices fall below the purchase price, subject to a 9.99% beneficial ownership cap when that feature is elected.
Separately, a First Amendment to the Business Combination Agreement extends the transaction “Outside Date” to October 31, 2026. An earlier Joinder Agreement made SEALSQ a Seller under that Business Combination Agreement, reflecting its ownership of 435 ordinary and 435 Class F shares in the space company being combined.
WISeKey International Holding furnished a shareholder letter from SEALSQ Corp describing a strong first half of 2026 and updated strategy. SEALSQ’s preliminary unaudited revenue for the first half of 2026 was approximately $11 million, up from $5 million a year earlier, about 120% year-over-year growth. Second-quarter 2026 preliminary revenue was approximately $7 million versus $4 million in the first quarter, indicating sequential acceleration. As of June 30 2026, cash and short-term investments were about $485 million, aided by a $125 million registered direct offering.
The company reports an active pipeline exceeding $225 million in opportunities through 2029, with over $60 million tied to its QS7001 and QVault TPM post-quantum products, and reaffirms 2026 revenue guidance of 50%–100% growth over audited 2025 revenue of $18.3 million. Management details certification milestones for QS7001 and QVault TPM through 2027 and highlights the SEALQuantum Sovereign Vertical Stack, targeting $200 million of capital deployment, with more than $60 million invested so far across several quantum and security assets. A non-binding letter of intent was also executed via Quantisimo Corp. with GigCapital8 Corp., subject to definitive agreements and approvals.
WISeKey International Holding plans to change its holding company jurisdiction from Switzerland to the British Virgin Islands through a merger of WISeKey CH into its wholly owned BVI subsidiary WISeKey International Corp. Shareholders will vote at an Extraordinary General Meeting on September 9, 2026 in Zurich on approval of the Merger Agreement. A related prospectus covers the issuance of up to 4,177,172 WISeKey BVI Ordinary Shares and up to 413,580 WISeKey BVI Class B Shares as merger consideration.
Each WISeKey CH Class B Share may be exchanged for either one BVI Ordinary Share or ten BVI Class B Shares, subject to a 49.999999% Class B voting cap. Each Class A Share may be exchanged for either one BVI Class F Share or one BVI Class B Share, also subject to this cap. Holders who do not make a timely election receive Ordinary Shares (for Class B) or Class F Shares (for Class A). ADS holders will receive BVI Ordinary Shares, unless they cancel ADSs and become direct shareholders before the election cutoff.
After completion, BVI Ordinary Shares are expected to trade on Nasdaq and SIX under “WQEY”, while Swiss-listed WISeKey CH Class B Shares and Nasdaq-listed ADSs will be delisted. The new multi-class structure gives Class B Shares ten votes but reduced economic rights, and allows Class F Shares to represent 49.999999% of total voting power, reinforcing founder and insider control. An opting-out provision from Swiss mandatory takeover rules will be continued, meaning no mandatory public offer is required even if an investor exceeds one-third of voting rights.
WISeKey International Holding AG reports that the Swiss Takeover Board issued Decision 947/01 on 30 July 2026 concerning WISeKey International Holding AG and WISeKey International Corp. regarding the determination of the validity of an opting-out clause. The publication is made pursuant to Article 61 paragraph 3 of the Ordinance of the Takeover Board on Public Takeover Offers.
The notice explains that any qualified shareholder of WISeKey International Holding SA holding at least 3% of the voting rights, whether exercisable or not, who has not yet participated in the proceedings, may file an objection. Objections must be submitted to the Takeover Board within five trading days after publication of the decision and must include a formal request, a summary of the legal grounds, and proof of the shareholding in accordance with Article 56 paragraphs 3 and 4 and Article 58 paragraph 3 of the Ordinance.