Cybersecurity firm WISeKey International Holding Ltd. and its semiconductor-focused subsidiary SEALSQ Corp. have announced the creation of a jointly owned special purpose vehicle, Quantisimo Corp. (Quantisimo). Concurrently, the newly formed entity has entered into a non-binding Letter of Intent (LOI) with GigCapital8 Corp., a publicly traded Private-to-Public Equity (PPE) special purpose acquisition company (SPAC). The transaction is structured to establish a Nasdaq-listed, trusted quantum technology platform focused on the consolidation, commercialization, and long-term scaling of post-quantum security assets and defense-adjacent hardware components. SPAC Business Combination and Multi-Company Acquisition Strategy The contemplated business combination between Quantisimo and GigCapital8 assigns the combined corporate [...]

WISeKey and SEALSQ Establish Quantisimo Corp. as a Special Purpose Vehicle, and Execute Letter of Intent with GigCapital8 Corp.

WISeKey and SEALSQ's Quantisimo signed an LOI with GigCapital8 to explore a Nasdaq listing for a public quantum technology platform.