Business
WISeKey International Holding AG (Nasdaq: WKEY) and Columbus Acquisition Corp. (Nasdaq: COLA) Execute Business Combination Agreement to Publicly List WISeKey’s Subsidiary WISeSat.Space Corp. Under The Name WISeSat.Space Holdings Corp.
WISeKey to receive $250 million in equity of WISeSat.Space Holdings Corp.Transaction anticipated to close in the first half of 2026 Canton of Zug, Switzerland and Singapore, Nov. 10, 2025 (GLOBE NEWSWIRE) -- WISeKey International Holding AG (“WISeKey”) (Nasdaq: WKEY; SIX: WIHN), a global leader in cybersecurity, digital identity, and IoT solutions platform, and Columbus Acquisition Corp. (“Columbus”) (Nasdaq: COLA), a Cayman Islands publicly traded special purpose acquisition company (SPAC), tod
About this update from Columbus Acquisition Corp
[{"type":"text","content":"WISeKey to receive $250 million in equity of WISeSat.Space Holdings Corp.Transaction anticipated to close in the first half of 2026","length":132,"tagName":"p"},{"type":"text","content":"Canton of Zug, Switzerland and Singapore, Nov. 10, 2025 (GLOBE NEWSWIRE) -- WISeKey International Holding AG (“WISeKey”) (Nasdaq: WKEY; SIX: WIHN), a global leader in cybersecurity, digital identity, and IoT solutions platform, and Columbus Acquisition Corp. (“Columbus”) (Nasdaq: COLA), a Cayman Islands publicly traded special purpose acquisition company (SPAC), today announced that they have entered into a definitive Business Combination Agreement, dated as of November 9, 2025 (the “Business Combination Agreement”), for a business combination of Columbus and WISeKey’s wholly owned subsidiary, WISeSat.Space Corp. (“WISeSat”), a British Virgin Islands holding company that wholly-owns WISeKey’s operating subsidiary WISeSat.Space AG, resulting in a public company listed on the Nasdaq Stock Exchange to be named WISeSat.Space Holdings Corp. (“Pubco”). Upon closing, pursuant to the terms of the Business Combination Agreement, WISeKey will receive 25.0 million shares in Pubco at $10 per share and retain majority ownership. The transaction is currently expected to close in the first half of 2026.","length":1105,"tagName":"p"},{"type":"text","content":"WISESAT OVERVIEW","length":16,"tagName":"p"},{"type":"text","content":"WISeSat, through its subsidiary WISeSat.Space AG, provides a next-generation satellite platform, developed by WISeKey and WISeSat, designed to deliver secure, cost-effective, and globally accessible IoT connectivity. Leveraging post-quantum cryptographic chips of SEALSQ Corp (NASDAQ: LAES) ("SEALSQ"), a company that focuses on developing and selling Semiconductors, PKI, and Post-Quantum technology hardware and software products and also subsidiary of WISeKey, WISeSat satellites are equipped with advanced encryption, authentication, and identity management systems, including WISeKey’s Root of Trust and WISeID. These satellites enable real-time, quantum-resilient communication for industries such as logistics, agriculture, energy, and defense. With support for Hedera distributed ledger technology, WISeSat technology is designed to ensure data integrity and transparency across its decentralized network. The constellation is part ...