SEALSQ Corp, a company specializing in semiconductors, PKI, and Post-Quantum technology, has announced its plans to expand following a successful securities purchase agreement with institutional investors. The agreement involves the sale of 15,000,000 ordinary shares and warrants, generating approximately $60 million in gross proceeds. These funds are intended to bolster SEALSQ's cash position, enabling acceleration of its Post-Quantum and Quantum commercialization efforts in the United States. The company plans to use the net proceeds to advance its technological roadmap, pursue strategic acquisitions, and support general corporate purposes. This expansion signifies a strong endorsement of SEALSQ's progress in developing secure technologies for connected devices.
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