SEALSQ Corp. and parent company WISeKey announced a non-binding merger agreement between their subsidiary, Quantisimo Corp., and GigCapital8 Corp. This transaction aims to establish a strategic quantum technology platform listed on the Nasdaq.
The deal values the combined entity at an initial enterprise value of approximately $575 million. The partners plan to increase this valuation to $2 billion by acquiring up to five additional quantum companies. The transaction is expected to close in the first quarter of 2027.
Quantisimo provides investors with direct exposure to the quantum technology sector. SEALSQ will contribute assets and strategic interests from its SealQuantum.com portfolio to the new entity. This initiative follows a recent White House Executive Order prioritizing quantum innovation.