WISeQey, SEALSQ's Quantisimo Platform Sign Deal to Merge With GigCapital8

MT newswire2026/10/09 08:07

04:07 AM EDT, 10/09/2026 (MT Newswires) -- WISeQey (WQEY) and SEALSQ's (LAES) Quantisimo quantum vertical platform has signed a deal to merge with blank-check firm GigCapital8 (GIW), the companies said Friday. Under the agreement, Quantisimo and GigCapital8 will become wholly owned subsidiaries of a newly formed holding company, to be called Quantisimo Holding. WISeQey and SEALSQ will receive 66.6 million shares of the new holding company, implying a pro forma equity value for Quantisimo of about $666.1 million at $10 per share. The deal includes a minimum cash condition of $15 million from GigCapital8's trust fund and any private investment, the companies said. Shares of the combined company are expected to trade on the Nasdaq Capital Market under the symbol, "QSMO," with closing targeted for Q1 2027.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

You may also like

UK funds significantly reduced their holdings in SpaceX last week and had fully exited Tesla as of April.

格隆汇•2026/11/09 05:55

Swiss Franc weakens as Fed hawkish outlook lifts USD/CHF

FXStreet•2026/11/09 05:45

Sun Machinery CEO Park Kyung-hee Raises Stake to 8.40% From 8.31%

Bitget•2026/11/09 05:37

The central bank has increased its gold reserves for 24 consecutive months, with October’s increase hitting a record high for the period.

新浪财经•2026/11/09 05:37