Wisekey International Holding Ltd.
WISeKey Announces Results of Class B Share Election and Name Change of BVI Merger Subsidiary to WISeQey Corp.
Zug, Switzerland, September 25, 2026 – WISeKey International Holding Ltd ("WISeKey" or the "Company") (SIX: WIHN; NASDAQ: WKEY) today announced the results of the share election process conducted in connection with the previously announced proposed cross-border merger of WISeKey with and into its British Virgin Islands subsidiary, formerly known as WISeKey International Corp. (the "Merger").
The Company also announced that WISeKey International Corp. has changed its name to WISeQey Corp. ("WISeQey"), effective September 16, 2026. WISeQey will be the surviving company in the Merger.
Results of the Class B Share Election
The election period for holders of WISeKey Class B registered shares concluded on September 23, 2026 at 14:00 CEST. Under the terms of the Merger, eligible holders were entitled to elect, on a share-by-share basis, to receive either:
one WISeQey ordinary share for each WISeKey Class B share held; or
ten WISeQey Class B shares for each WISeKey Class B share held, subject to the applicable Class B share cap and related allocation mechanics.
Holders who did not make a timely and valid election will receive one WISeQey ordinary share for each WISeKey Class B share held in accordance with the terms of the Merger.
Based on the final election results, holders of 518 WISeKey Class B shares validly elected to receive WISeQey Class B shares. Accordingly, upon completion of the Merger, WISeQey expects to issue:
5,180 WISeQey Class B shares in respect of valid elections made by holders of WISeKey Class B shares;
4,176,654 WISeQey ordinary shares in respect of the remaining WISeKey Class B shares, including WISeKey Class B shares represented by ADSs; and
1,819,060 WISeQey Class F shares in exchange for the outstanding WISeKey Class A shares.
Next Steps in the Redomiciliation
The proposed Merger was approved by WISeKey shareholders at the Extraordinary General Meeting held on September 9, 2026. The completion of the Merger remains subject to the satisfaction of the remaining closing conditions and completion of the applicable Swiss and BVI corporate, regulatory and administrative procedures.
The Company will provide a further update regarding the effective date of the Merger and the commencement of trading of WISeQey ordinary shares on Nasdaq and SIX Swiss Exchange once the remaining conditions and implementation steps have been completed.
About WISeKey
WISeKey International Holding Ltd ("WISeKey", SIX: WIHN; Nasdaq: WKEY) is a global leader in cybersecurity, digital identity, and IoT solutions platform. It operates as a Swiss-based holding company through several operational subsidiaries, each dedicated to specific aspects of its technology portfolio. The subsidiaries include (i) SEALSQ Corp (Nasdaq: LAES), which focuses on semiconductors, PKI, and post-quantum technology products, (ii) WISeID, which specializes in RoT and PKI solutions for secure authentication and identification in IoT, blockchain, and AI, (iii) WISeSat AG, which focuses on space technology for secure satellite communication, specifically for IoT applications, (iv) WISe.ART Corp, which focuses on trusted blockchain NFTs and operates the WISe.ART marketplace for secure NFT transactions, and (v) SEALCOIN AG, which focuses on decentralized physical internet with DePIN technology and houses the development of the SEALCOIN platform.