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RSS FeedsWISeKey completes Draw-Down under GEM Share Subscription Facility
(WorldNews Switzerland)

 
 

23 june 2017 08:11:31

 
WISeKey completes Draw-Down under GEM Share Subscription Facility
(WorldNews Switzerland)
 


Zug, Switzerland, 23 June 2017 WISeKey International Holding Ltd (SIX: WIHN) (`WISeKey`) announced today that the pricing period regarding the draw-down under the Share Subscription Facility Agreement (`SSF`) with Global Emerging Markets (`GEM`), as previously announced, has ended and that GEM has subscribed for 100,000 Class B Shares at an aggregate issue price of CHF 279,900. The new Class B Shares will be issued to GEM out of WISeKey`s authorized capital. This draw-down from the SSF is intended to be used, among other things, to enter and/or expand WISeKey`s presence in the North American market to...


 
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