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WISeKey and SEALSQ Establish Quantisimo Corp. as a Special Purpose Vehicle, and Execute Letter of Intent with GigCapital8 Corp.

GlobeNewswire Inc.·
WISeKey and SEALSQ Establish Quantisimo Corp. as a Special Purpose Vehicle, and Execute Letter of Intent with GigCapital8 Corp.

WISeKey and its subsidiary SEALSQ have created Quantisimo Corp., a special purpose vehicle that has entered into a non-binding Letter of Intent with GigCapital8 Corp. (a SPAC) to establish a Nasdaq-listed quantum technology platform. The proposed business combination values Quantisimo at approximately $575 million initially, with plans to reach $2 billion through additional acquisitions. The transaction is expected to close in Q1 2027 and aims to create a comprehensive quantum-focused public company leveraging WISeKey's cybersecurity expertise and SEALSQ's semiconductor and post-quantum technology capabilities.

Read Full Article at GlobeNewswire Inc.
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