Wisekey Publishes Timeline Of The Reverse Stock Split

WISeKey International Holding Ltd. has announced the timeline of the previously announced reverse stock split of its Class B shares listed on the SIX Swiss Exchange. The reverse stock split was approved by shareholders at the Annual General Meeting held on June 22, 2023. The reverse stock split of Class B shares may result in fractions of new Class B shares for the individual shareholder, which will be compensated for in cash. For WISeKey’s Class A shares, a reverse stock split in the ratio of 25 old Class A shares into 1 new Class A share has been effected, without compensation for fractions. Additional information is available on the company’s website.