SEALSQ Corp ( (LAES) ) just unveiled an update.
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SEALSQ Corp is undertaking an offering of 7,692,308 ordinary shares, facilitated through a Registration Statement filed with the U.S. Securities and Exchange Commission. This legal opinion from Harney Westwood & Riegels confirms that the issuance of these shares has been duly authorized under British Virgin Islands law, ensuring they will be validly issued, fully paid, and non-assessable once allocated. This development is pivotal for SEALSQ Corp as it enhances their capital structure without imposing further financial obligations on shareholders, potentially strengthening their market position.
More about SEALSQ Corp
YTD Price Performance: 36.72%
Average Trading Volume: 10,814,712
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $62.32M
See more insights into LAES stock on TipRanks’ Stock Analysis page.
