U.S. Markets closed

WISeKey International Holding AG (WKEY)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
Add to watchlist
7.83-0.09 (-1.14%)
At close: 4:00PM EDT
Full screen
Trade prices are not sourced from all markets
Gain actionable insight from technical analysis on financial instruments, to help optimize your trading strategies
Chart Events
Neutralpattern detected
Previous Close7.92
Open7.98
Bid7.65 x 1000
Ask7.74 x 1000
Day's Range7.55 - 8.21
52 Week Range3.90 - 22.40
Volume523,445
Avg. Volume4,839,166
Market Cap161.199M
Beta (5Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • WISeKey to receive a $10.0 million high growth capital investment from Alpha Blue Ocean to finance its TrustNFT.IO NFT platform to be launched in June 2021
    GlobeNewswire

    WISeKey to receive a $10.0 million high growth capital investment from Alpha Blue Ocean to finance its TrustNFT.IO NFT platform to be launched in June 2021

    WISeKey to receive a $10.0 million high growth capital investment from Alpha Blue Ocean to finance its TrustNFT.IO NFT platform to be launched in June 2021LinkedInFacebookMoreZug, Switzerland – May 7, 2021 – WISeKey International Holding Ltd (“WISeKey” or “Company”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, AI and IoT company, announced today that it has signed a term-sheet to enter into a back-to-back unsecured short-term loan and the issuance and subscription of convertible notes with Alpha Blue Ocean to finance its new TrustNFT.IO NFT platform to be launched in June 2021. The financing provided by Alpha Blue Ocean, a dynamic family office with the mission of revolutionizing the financial industry by offering innovative and tailored investments adapted to risk, is in the form of a short-term loan of $10.0 million repayable over a period of 12 months. Repayments are to be made either in cash or by requesting Alpha Blue Ocean to subscribe to convertible notes, up to a maximum of $10.8 million, with the proceeds from the subscription being used to make a repayment against the short-term loan. The principal amount of each convertible note subscribed, is repayable by way of conversion into Class B shares, par value CHF 0.05 each, of WISeKey (the “Class B Shares”). As consideration for Alpha Blue Ocean’s financing commitment, WISeKey, among other things, will be issuing a number of warrants. With TrustedNFT.IO WISeKey delivers the most reliable and secure NFT platform for businesses to bring trust to the hype around Non-Fungible Tokens (NFT), by providing a dedicated, secure marketplace for buying and selling NFTs, including artwork and luxury goods. The first major blockbuster auction on the new platform will occur in Summer 2021, with more information to come soon. "By combining our Root of Trust with Blockchain, we have created an innovative Trust Protocol that enables a wide range of use cases and business models, simply not possible with current Blockchain-based solutions on their own," said Carlos Moreira, Founder and CEO of WISeKey. "The first application of this collaboration will be the auctioning of digital twins of artwork and luxury collectibles, which we indisputably move into the virtual world, yet make their illegal use impossible.” “This agreement provides WISeKey access to flexible financing, allowing us to accelerate the deployment of NFCtrusted.IO, our new NFT business segment, which will bring us a totally new incremental revenue source,” said Carlos Moreira, Founder and CEO of WISeKey. “We are excited to invest in WISeKey, which we consider an emerging leader in the rapidly expanding market of Artificial Intelligence & Cybersecurity. We believe the NFT market requires the know-how and cybersecurity IoT technology of WISeKey. We are proud to partner up with WISeKey by financing this transaction,” added Pierre Vannineuse, CEO of Alpha Blue Ocean. About Alpha Blue Ocean:Created in 2017 by Pierre Vannineuse, Hugo Pingray and Amaury Mamou-Mani, Alpha Blue Ocean is a young and dynamic family office with the mission of revolutionizing the financial industry by offering innovative and tailored investments adapted to risk. Alpha Blue Ocean operates through a direct, rational and efficient approach in providing alternative financing solutions through PIPE (Private Investments in Public Equities) deals. ABO has made notable investments in companies such as AB Science (AB:FP), Erytech (ERYP:US), Intrasense (ALINS:FP), and DBT Group (ALDBT:FP), among others. About WISeKey:WISeKey (NASDAQ: WKEY; SIX Swiss Exchange: WIHN) is a leading global cybersecurity company currently deploying large scale digital identity ecosystems for people and objects using Blockchain, AI and IoT respecting the Human as the Fulcrum of the Internet. WISeKey microprocessors secure the pervasive computing shaping today’s Internet of Everything. WISeKey IoT has an install base of over 1.5 billion microchips in virtually all IoT sectors (connected cars, smart cities, drones, agricultural sensors, anti-counterfeiting, smart lighting, servers, computers, mobile phones, crypto tokens etc.). WISeKey is uniquely positioned to be at the edge of IoT as our semiconductors produce a huge amount of Big Data that, when analyzed with Artificial Intelligence (AI), can help industrial applications to predict the failure of their equipment before it happens. Our technology is Trusted by the OISTE/WISeKey’s Swiss based cryptographic Root of Trust (“RoT”) provides secure authentication and identification, in both physical and virtual environments, for the Internet of Things, Blockchain and Artificial Intelligence. The WISeKey RoT serves as a common trust anchor to ensure the integrity of online transactions among objects and between objects and people. For more information, visit www.wisekey.com. Press and investor contacts: WISeKey International Holding Ltd Company Contact: Carlos MoreiraChairman & CEOTel: +41 22 594 3000info@wisekey.comWISeKey Investor Relations (US) Contact: Lena CatiThe Equity Group Inc.Tel: +1 212 836-9611lcati@equityny.com Disclaimer:This communication expressly or implicitly contains certain forward-looking statements concerning WISeKey International Holding Ltd 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 International Holding Ltd to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. WISeKey International Holding Ltd 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 the Swiss Financial Services Act (“FinSA”), the FInSa’s predecessor legislation or advertising within the meaning of the FinSA, or within the meaning of any other securities regulation. 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. The securities offered will not be, and have not been, registered under the United States of America Securities Act of 1933, as amended, and may not be offered or sold in the United States of America, absent registration or an applicable exemption from the registration requirements of said Act.

  • WISeKey, Casper Labs, Ocean Protocol and Fossa Systems to Hold a Special NFT Event on May 18 to Discuss TrustedNFT.IO Platform
    GlobeNewswire

    WISeKey, Casper Labs, Ocean Protocol and Fossa Systems to Hold a Special NFT Event on May 18 to Discuss TrustedNFT.IO Platform

    WISeKey, Casper Labs, Ocean Protocol and Fossa Systems to Hold a Special NFT Event on May 18 to Discuss TrustedNFT.IO Platform Geneva, Switzerland – May 6, 2021: WISeKey International Holding Ltd. (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity and IoT company, announced today that on May 18, 2021 will hold “The Leading Trusted Non-Fungible Token Webinar” in cooperation with Casper Labs, Ocean Protocol and Fossa Systems to discuss the technology behind the launch of the first ever Non-Fungible Token (NFT) from Space. A PocketPod deployer developed by FOSSA Systems will launch in June 2021 aboard a Falcon 9 rocket by SpaceX.Interested parties can be register at https://us02web.zoom.us/webinar/register/WN_Y7FANgpBT_-hrHiv7WN6qA Date & TimeMay 18th - 03:00 PM CETTitleThe Leading Trusted Non-Fungible Token EventSpeakers– Carlos Creus Moreira, CEO and Founder of WISeKey– Trent McConaghy, Founder of Ocean Protocol– Ashok Ranadive, Director of Professional Services at CasperLabs– Chris Boos, CTO of WISeKey (Founder of Arago)– Sebastien Fanti, CEO and Founder of Lexing– Julian Fernandez, CEO and Founder of Fossa Sytems During the webinar WISekey will introduce the TrustNFT.IO platform a suite of cutting-edge technologies which in association with Open Protocol and CasperLabs will combine the WISeID with NFT transactions to ensure users’ privacy, security and safety whilst providing access to NFT trading. WISeKey has joined forces with CasperLabs, the developer of Casper, the most reliable and secure blockchain for businesses, to bring trust to the hype around NFT with the launch of TrustedNFT.io. This strategic partnership will provide a dedicated, secure marketplace on the Casper Network for buying and selling NFTs, including artwork and luxury goods. The first major auction will occur in Summer 2021, with more information to come soon. “By combining our Root of Trust with the Casper blockchain, we have created an innovative Trust Protocol that enables a wide range of use cases and business models, simply not possible with current blockchain-based solutions on their own,” said Carlos Moreira, Founder and CEO of WISeKey. “The first application of this collaboration will be the auctioning of digital twins of artwork and luxury collectibles, which we indisputably move into the virtual world, yet make their illegal use impossible.” Casper blockchain is the first fully decentralized, truly scalable blockchain designed for real-world speed and security. Casper’s familiar tools, open architectures and expert support make it simple and readily accessible for developers, and its public software platform makes pricing predictable and transparent for businesses. Unlike first generation blockchains, Casper provides an upgradable infrastructure that powers innovation and facilitates deployments across public, private and hybrid environments. “CasperLabs is committed to ensuring successful outcomes for organizations looking to build innovative applications on the Casper Network,” said Mrinal Manohar, Cofounder and CEO at CasperLabs. “Our partnership with WISeKey will set a new standard for responsible and secure NFT transactions during a period of historic interest. Both teams are deeply committed to delivering a more environmentally friendly and scalable option for the NFT community as it continues to evolve and excite new audiences worldwide.” Casper Network’s Proof-of-Stake (PoS) architecture allows for a higher volume of secure transactions with no drop off in performance, while producing a fraction of the energy expended by traditional blockchain protocols. As interest in NFTs continues to accelerate, both organizations are committed to promoting a more environmentally-friendly consumption and distribution model. With the support of CasperLabs, WISeKey’s unique Digital Identification NFT platform technology will run on the Casper Network to deliver the most secure and scalable blockchain backend for creating real digital twins for valuable objects. This unique approach will make it possible to mint provenance and a digital version into an NFT that contains smart contracts on how the digital twin may be used, removing any uncertainty of what an NFT actually means to a collector by delivering authenticated digital twins to the art and luxury market. WISeKey and Ocean are working together to launch WISeART, a decentralized marketplace for physical paintings, sculptures, and more. The marketplace will include NFTs to represent the physical work, combined with fungible tokens for more fluid price discovery, and enable staking on physical artworks. The marketplace combines the strengths of WISeKey and Ocean. WISeKey has developed specialized chips to link physical items with NFTs, and world-class blockchain identity technology. Ocean has developed powerful decentralized marketplace technology, battle-hardened in the domain of data. Combined with WISeKey’s NFTs, this marketplace technology readily ports to the domain of physical art and offers other benefits given the Ocean team’s pioneering experience in blockchain art platforms. Purchasing an exclusive piece of art is always a matter of great joy, but this purchase comes with the concern that the work may be stolen, the art itself may not be an original, or its provenance might not be verifiable. While most high-end art collectors find it difficult to stop such acts, WISeKey’s WISeART technology takes steps to protect exclusive pieces of artwork. It combines cutting-edge authentication microprocessors with identity blockchain technology, which together with on-the-ground measures can ensure the authenticity of the artwork (see video https://youtu.be/oNvhMvdchGk). Moreover, if the art is stolen, it can be traced, making it difficult to be traded on the secondary market. This control is possible to practice because each artwork’s identity is stored on an immutable ledger (blockchain) in the implemented system. Press and investor contacts: WISeKey International Holding LtdCompany Contact: Carlos MoreiraChairman & CEOTel: +41 22 594 3000info@wisekey.comWISeKey Investor Relations (US)Contact: Lena CatiThe Equity Group Inc.Tel: +1 212 836-9611lcati@equityny.com About WISeKeyWISeKey (NASDAQ: WKEY; SIX Swiss Exchange: WIHN) is a leading global cybersecurity company currently deploying large scale digital identity ecosystems for people and objects using Blockchain, AI and IoT respecting the Human as the Fulcrum of the Internet. WISeKey microprocessors secure the pervasive computing shaping today’s Internet of Everything. WISeKey IoT has an install base of over 1.5 billion microchips in virtually all IoT sectors (connected cars, smart cities, drones, agricultural sensors, anti-counterfeiting, smart lighting, servers, computers, mobile phones, crypto tokens etc.). WISeKey is uniquely positioned to be at the edge of IoT as our semiconductors produce a huge amount of Big Data that, when analyzed with Artificial Intelligence (AI), can help industrial applications to predict the failure of their equipment before it happens. Our technology is Trusted by the OISTE/WISeKey’s Swiss based cryptographic Root of Trust (“RoT”) provides secure authentication and identification, in both physical and virtual environments, for the Internet of Things, Blockchain and Artificial Intelligence. The WISeKey RoT serves as a common trust anchor to ensure the integrity of online transactions among objects and between objects and people. For more information, visit www.wisekey.com. Disclaimer:This communication expressly or implicitly contains certain forward-looking statements concerning WISeKey International Holding Ltd 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 International Holding Ltd to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. WISeKey International Holding Ltd 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.

  • WISeKey International Holding Ltd Schedules a Conference Call to Discuss the Agenda Items of its 2021 Annual General Meeting of Shareholders
    GlobeNewswire

    WISeKey International Holding Ltd Schedules a Conference Call to Discuss the Agenda Items of its 2021 Annual General Meeting of Shareholders

    WISeKey International Holding Ltd Schedules a Conference Call to Discuss the Agenda Items of its 2021 Annual General Meeting of Shareholders Zug, Switzerland, May 6, 2021 – WISeKey International Holding Ltd. (“WISeKey” or “Company”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity and IoT company, announced today that will hold a conference call on Wednesday, May 12, 2021 at 3:00 pm CET (9:00 am ET) to discuss the agenda items of the proposal our Board of Directors has recommended for shareholder approval at the 2021 Annual General Meeting of Shareholders (“AGM“), scheduled for May 25, 2021. A question and answer session will follow management’s prepared remarks. WISeKey’s shareholders can participate in the event by registering at www.wisekey.com/agm2021. As previously announced, due to the extraordinary situation in connection with the COVID-19 (coronavirus) pandemic, the AGM will not take place in the usual format and shareholders will not be able to attend the AGM in person. Shareholders may exercise their voting rights only by giving electronic or written voting instructions to their independent voting rights representative, as further described in the Company’s AGM notice published on April 29, 2021 and available at https://www. WISeKey International Holding Ltd Announces Agenda of its 2021 Annual General Meeting of Shareholders - WISeKey Key item that the Board of Directors recommends shareholders to approve are: • The re-election of Carlos Moreira, Philippe Doubre, David Fergusson, Peter Ward, Eric Pellaton, Jean-Philippe Ladisa and Hans-Christian Boos as members of the Board, each for a term extending until completion of the 2022 AGM; • The re-election of Carlos Moreira as Chairman of the Board for a term extending until completion of the 2022 AGM, and the re-election of David Fergusson, Philippe Doubre and Eric Pellaton as members of the Board’s Nomination & Compensation Committee, each for a term extending until completion of the 2022 AGM; • The renewal and increase of the Company’s authorized share capital. Pursuant to the proposal, the Board of Directors' authority under the authorized share capital will relate to 21.5 million new Class B Shares; • The renewal and increase of the Company’s conditional share capital, authorizing the issuance of (1) approximately 25.1 million Class B Shares in connection with bonds, options, warrants, notes and other convertible instruments, and (2) approximately 6.3 million Class B Shares to employees, members of the Board of Directors, consultants and other persons providing services to the Company or its group companies under the Company’s equity incentive plans; • The maximum aggregate amount of compensation of (i) the Board for the period between the 2021 AGM and the 2022 AGM and (ii) the Company’s executive management for financial year 2022 pursuant to Swiss law and the Company’s articles of association; • The 2020 compensation report (advisory vote); and • The discharge of the members of the Board and executive management from liability for activities during fiscal year 2020. The Company will also seek approval, among other things, of the 2020 Annual Report, including the 2020 Consolidated Audited Financial Statements. About WISeKeyWISeKey (NASDAQ: WKEY; SIX Swiss Exchange: WIHN) is a leading global cybersecurity company currently deploying large scale digital identity ecosystems for people and objects using Blockchain, AI and IoT respecting the Human as the Fulcrum of the Internet. WISeKey microprocessors secure the pervasive computing shaping today’s Internet of Everything. WISeKey IoT has an install base of over 1.5 billion microchips in virtually all IoT sectors (connected cars, smart cities, drones, agricultural sensors, anti-counterfeiting, smart lighting, servers, computers, mobile phones, crypto tokens etc.). WISeKey is uniquely positioned to be at the edge of IoT as our semiconductors produce a huge amount of Big Data that, when analyzed with Artificial Intelligence (AI), can help industrial applications to predict the failure of their equipment before it happens.Our technology is Trusted by the OISTE/WISeKey’s Swiss based cryptographic Root of Trust (“RoT”) provides secure authentication and identification, in both physical and virtual environments, for the Internet of Things, Blockchain and Artificial Intelligence. The WISeKey RoT serves as a common trust anchor to ensure the integrity of online transactions among objects and between objects and people. For more information, visit www.wisekey.com. Press and investor contacts: WISeKey International Holding Ltd Company Contact: Carlos MoreiraChairman & CEOTel: +41 22 594 3000info@wisekey.comWISeKey Investor Relations (US) Contact: Lena CatiThe Equity Group Inc.Tel: +1 212 836-9611lcati@equityny.com Disclaimer:This communication expressly or implicitly contains certain forward-looking statements concerning WISeKey International Holding Ltd 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 International Holding Ltd to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. WISeKey International Holding Ltd 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 the Swiss Financial Services Act (“FinSA”), the FInSa's predecessor legislation or advertising within the meaning of the FinSA. 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.