SEALSQ announces the issuance of 7.7 million common shares

Photo of author

By [email protected]


https://www.tipranks.com/news/company-announcements/sealsq-corp-anounces-issuance-of-7-7-million-ordinary-shares

SEALSQ Corp (LAES) has just revealed an update.

SEALSQ Corp. is offering 7,692,308 common shares through a registration statement filed with the U.S. Securities and Exchange Commission. This legal opinion issued by Harney Westwood & Riegels confirms that the issue of these shares has been duly authorized under BVI law, ensuring that they are validly issued, fully paid, and non-taxable once allotted. This development is pivotal for SEALSQ Corp as it strengthens its capital structure without imposing further financial obligations on shareholders, which could strengthen their market position.

More about SEALSQ

Price performance since the beginning of the year: 36.72%

Average trading volume: 10,814,712

Artistic Sentiment Consensus Rating: He sells

Current market value: $62.32M

See more ideas about LAES stocks on TipRanks stock analysis page.



https://media.zenfs.com/en/tipranks_452/dae8b4ea7d79412adf83c325b7ddaaa9

Source link

Leave a Comment