Brief: WISeKey: Proposes To Distribute 20% Of SEALSQ'S Outstanding Ordinary Shares To Holders Of Wisekey Class B Shares

Wisekey International Holding AG

30/03/2023 06:07

March 30 (Reuters) - Wisekey International Holding Ag
 WIHN.S :
    * WISEKEY INTERNATIONAL HOLDING LTD. ANNOUNCES EFFECTIVENESS
OF
REGISTRATION STATEMENT RELATING TO PROPOSED PARTIAL SPIN-OFF OF
ITS SEMICONDUCTOR BUSINESS
    * WISEKEY PROPOSES TO DISTRIBUTE 20% OF SEALSQ'S OUTSTANDING
ORDINARY SHARES, TO HOLDERS OF WISEKEY CLASS B SHARES
    * WISEKEY WILL INITIALLY RETAIN 100% OWNERSHIP OF SEALSQ'S
CLASS F
SHARES
    * TRANSACTION IS EXPECTED TO BE COMPLETED ON OR ABOUT MAY
10, 2023
    * WISEKEY ANTICIPATES THAT SEALSQ CORP ORDINARY SHARES WILL
BEGIN
TRADING ON NASDAQ GLOBAL MARKET UNDER TICKER SYMBOL "LAES" ON OR
ABOUT MAY 11, 2023

Further company coverage:  WIHN.S 

 (Reporting by Berlin Newsroom)
 ((berlin.newsroom@thomsonreuters.com;))