MergerJun 25, 2026, 01:31 AM
Quantisimo to merge with GigCapital8, target $2B quantum platform
AI Summary
SEALSQ Corp. and its parent company WISeKey International Holding Ltd. announced that their jointly established special purpose vehicle, Quantisimo Corp., has entered into a non-binding Letter of Intent with GigCapital8 Corp. for a business combination. The proposed transaction aims to create a Nasdaq-listed strategic quantum technology platform, with the combined company expected to have a pre-money enterprise value of approximately $575 million. The parties intend to increase this valuation to $2 billion through additional acquisitions of up to five quantum companies, with the transaction expected to close in Q1 2027.
Key Highlights
- Quantisimo Corp., a joint venture of SEALSQ and WISeKey, entered a non-binding LOI with GigCapital8 Corp. for a business combination.
- The proposed transaction aims to establish a Nasdaq-listed strategic quantum technology platform.
- The combined company is expected to have a pre-money enterprise value of approximately $575 million.
- The parties intend to increase the valuation to $2 billion through additional acquisitions of up to five quantum companies.
- The transaction is currently expected to close during the first quarter of 2027.
- SEALSQ is expected to contribute selected assets and strategic interests from its SealQuantum.com portfolio to Quantisimo.
Price Impact
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