ZUG, Switzerland--(BUSINESS WIRE)--WISeKey International Holding Ltd (SIX:WIHN), a leading digital security technology company in the field of cybersecurity, digital identification and authentication of people and objects, announced today that the SIX Swiss Exchange (“SIX”) has approved the listing and trading of WISeKey’s Class B Shares on the SIX, starting today, March 31, 2016. The Class B Shares will be traded under the symbol “WIHN.”
The indicative reference share price submitted by the company to SIX Swiss Exchange is CHF 15, translating to a market capitalization based on the listed Class B Shares of approximately CHF 220 million and an equity value of all issued Class B Shares and the non-voting stock Class A Shares of approximately CHF 340 million. WISeKey's Class B Shares will be included in the Swiss Performance Index (SPI®).
For more information about WISeKey and the listing of its Class B Shares on the SIX, please refer to the Listing Prospectus as of March 31, 2015, copies of which are available free of charge from Acxit Capital Partners Ltd (telephone: +41 44 575 20 00, facsimile +41 44 575 20 07, e-mail: email@example.com).
WISeKey is one of the world’s fastest-growing cybersecurity companies and a global growth company partner of the World Economic Forum. WISeKey provides 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 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.
This communication expressly or implicitly contains certain forward-looking statements concerning WISeKey SA and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of WISeKey SA to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. WISeKey SA is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.
This press release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, and it does not constitute an offering prospectus within the meaning of article 652a or article 1156 of the Swiss Code of Obligations or a listing prospectus within the meaning of the listing rules of the SIX Swiss Exchange. Investors must rely on their own evaluation of WISeKey and its securities, including the merits and risks involved. Nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of WISeKey.