WISeKey to List on the SIX Swiss Stock Exchange Tomorrow

WISeKey is a fast-growing cybersecurity company providing specialized technologies for data protection, effective authentication and identification and authentication of people and objects to ensure secured communications and transactions without compromising trust. WISeKey runs its own Root of Trust cybersecurity platform and identity-based data security solutions for international organizations, governments, enterprises, and financial institutions spanning 102 countries. WISeKey was founded in 1999 and is headquartered in Geneva with operations in Vietnam and the US. It intends to aggressively build out its US operations with hubs in California and Maryland.  WISeKey has already embedded root of trust based security in over 2.6 billion browsers, sensors and wearables in addition to offering the industry’s trusted suite of IoT security products using the fact that authentication is becoming an increasingly important cybersecurity IoT consideration.

Completed all steps to list Class B Shares on the SIX Swiss Exchange
90.9% of WISeKey SA’s shareholders, the main operating company of the WISeKey group, have tendered their WISeKey SA shares into WIHN’s share exchange offer in exchange for new Class B Shares, thus establishing WIHN as the new holding company of the WISeKey group. WIHN will take the steps necessary to acquire full ownership of WISeKey SA, by entering into further private transactions or through a follow-up squeeze-out merger;

• WIHN has acquired in a share-for-share transaction WISeTrust SA, the holder of the U.S. Cryptographic RootKey IP rights;
• As from the date WIHN’s Class B Shares are listed on the SIX Swiss Exchange, WIHN has access to a share subscription facility entered into with GEM, under which GEM has committed to subscribe, at the request of the Company, to newly issued Class B Shares for a value of up to CHF 60 million; and,
• SIX Exchange Regulation has approved the listing of Class B Shares in accordance with the International Reporting Standard, with the first trading day taking placeon March 31, 2016.

As a result, Class B Shares will be listed and for the first time traded on the SIX Swiss Exchange on March 31, 2016. Class B Shares represent approximately65% of WIHN’s capital and approximately 27% of the WIHN’s voting rights. WIHN’s class A shares, nominal value CHF 0.01 each (“Class A Shares“), conferring a voting right privilege on its holders, are held by a core group of shareholders and will not be listed and tradable on the SIX Swiss Exchange.

Carlos Moreira, Founder, Chairman and CEO of WIHN stated: “We are thrilled by the outstanding support of WISeKey SA’s shareholders for our share exchange offer and the trust investors have placed in WIHN. We are very excited that WIHN will now become the first publicly listed Root of Trust based cyber security company on the SIX Swiss Exchange. This will create great momentum for us to progress our revenue and profitability growth path going forward and for Switzerland to enhance its position as a cyber security hub globally.”

(Press release)