WISeKey and SEALSQ Establish Quantisimo Corp. as a Special Purpose Vehicle, and Execute Letter of Intent with GigCapital8 Corp.
GigCapital8 signed a non-binding LOI with Quantisimo, a special purpose vehicle formed by WISeKey and SEALSQ, to create a Nasdaq-listed quantum technology platform with a $575 million initial enterprise value. The parties aim to scale the consolidated entity to a $2 billion platform by acquiring up to five additional quantum companies, targeting a closing in Q1 2027.
Key figures
- Deal Value Usd
- 575000000
- Expected close quarter
- Q1 2027
- Target enterprise value
- $575 million
- Target pro forma enterprise value
- $2 billion
- Target additional acquisitions count
- 5
AI analysis
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