SEALSQ Corp Files 6-K, Cites July 2023 Agreement
Ticker: LAES · Form: 6-K · Filed: Mar 4, 2024 · CIK: 1951222
| Field | Detail |
|---|---|
| Company | Sealsq Corp (LAES) |
| Form Type | 6-K |
| Filed Date | Mar 4, 2024 |
| Risk Level | low |
| Pages | 7 |
| Reading Time | 8 min |
| Key Dollar Amounts | $10,000,000.00, $10 million, $4.00, $5.50, $0.55 |
| Sentiment | neutral |
Sentiment: neutral
Topics: filing, corporate-update, agreement
TL;DR
SEALSQ Corp filed a 6-K on March 4, 2024, referencing a July 11, 2023, Securities Purchase Agreement.
AI Summary
SEALSQ Corp announced on March 4, 2024, that it entered into a Securities Purchase Agreement on July 11, 2023. The filing is a Form 6-K, reporting for the month of March 2024, and indicates the company is a foreign private issuer filing under Form 20-F. The company's principal executive office is located in Cointrin, Switzerland.
Why It Matters
This filing provides an update on SEALSQ Corp's corporate activities and confirms its reporting status as a foreign private issuer, which can affect investor reporting requirements.
Risk Assessment
Risk Level: low — This filing is primarily procedural and informational, with no immediate financial or operational risks disclosed.
Key Players & Entities
- SEALSQ Corp (company) — Registrant
- July 11, 2023 (date) — Date of Securities Purchase Agreement
- March 4, 2024 (date) — Filing Date
- Securities Purchase Agreement (document) — Agreement mentioned in filing
FAQ
What is the primary purpose of this Form 6-K filing?
The primary purpose of this Form 6-K filing is to report information that SEALSQ Corp has made or is required to make public in its home country, file with any stock exchange on which its securities are traded, or distribute to its security holders, as of March 2024.
When was the Securities Purchase Agreement entered into by SEALSQ Corp?
SEALSQ Corp entered into the Securities Purchase Agreement on July 11, 2023.
What is SEALSQ Corp's jurisdiction of incorporation?
SEALSQ Corp is incorporated under the law of the British Virgin Islands.
What is the filing date of this report?
This report was filed on March 4, 2024.
Does SEALSQ Corp file annual reports under Form 20-F or Form 40-F?
SEALSQ Corp files annual reports under Form 20-F.
Filing Stats: 2,091 words · 8 min read · ~7 pages · Grade level 14 · Accepted 2024-03-04 16:17:10
Key Financial Figures
- $10,000,000.00 — 025 in an aggregate principal amount of $10,000,000.00 (the “ First Tranche Notes &rdquo
- $10 million — rchase Agreement ”), and closed a $10 million second tranche (the “ Second Tran
- $4.00 — and the Exercise Price was changed from $4.00 to $5.50. Floor Price . All references
- $5.50 — xercise Price was changed from $4.00 to $5.50. Floor Price . All references in the a
- $0.55 — the Third Tranche to the Floor Price is $0.55. Fourth Tranche and Fifth Tranche Clos
- $2,000,000.00 — d Tranche Notes, (y) indebtedness up to $2,000,000.00 payable to Cisco System, Inc., (z) any
- $9,750,000.00 — he Third Tranche Notes of approximately $9,750,000.00. The Third Tranche Notes were issued on
- $5,100,000 — te hereof, the Investors have converted $5,100,000 of the Second Tranche Notes into an agg
Filing Documents
- e619314_6k-sealsq.htm (6-K) — 34KB
- e619314_ex10-1.htm (EX-10.1) — 33KB
- e619314_ex10-2.htm (EX-10.2) — 206KB
- e619314_ex10-3.htm (EX-10.3) — 104KB
- 0001193805-24-000300.txt ( ) — 379KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Date: March 4, 2024 SEALSQ CORP By: /s/ Carlos Moreira Name: Carlos Moreira Title: Chief Executive Officer By: /s/ John O’Hara Name: John O’Hara Title: Chief Financial Officer 6