WISeKey Shareholders Approve Redomiciliation to British Virgin Islands
WISeKey International Holding Ltd. announced that its shareholders approved the company's redomiciliation from Switzerland to the British Virgin Islands at an Extraordinary General Meeting. This involves a merger with its subsidiary, WISeKey BVI, which will become the new publicly traded parent company. The move is intended to facilitate international growth and access to capital markets. The company will proceed with the remaining steps to complete the merger, subject to closing conditions.
Key Highlights
- Shareholders approved the redomiciliation of WISeKey from Switzerland to the British Virgin Islands.
- The company will merge with its wholly owned subsidiary, WISeKey BVI, with WISeKey BVI as the surviving entity.
- Upon completion, WISeKey BVI will become the publicly traded parent company of the WISeKey group.
- The redomiciliation aims to support WISeKey's international growth and access to global capital markets.
Price Impact
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