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SEALSQ Corp Validates Ordinary Shares Offering to Existing Investors

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SEALSQ Corp Validates Ordinary Shares Offering to Existing Investors

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The latest announcement is out from SEALSQ Corp ( (LAES) ).

SEALSQ Corp announced the offering of 4,469,382 Ordinary Shares to existing investors through the exercise of previously issued warrants at an adjusted price of $1.65 per share. The issuance has been authorized under the company’s F-3 Registration Statement with the SEC, ensuring that the shares, once allotted and fully paid, will be validly issued and non-assessable, confirming the company’s compliance with legal procedures in the British Virgin Islands.

More about SEALSQ Corp

Average Trading Volume: 29,019,550

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $600.9M

Find detailed analytics on LAES stock on TipRanks’ Stock Analysis page.

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