SEALSQ (LAES) Registration Filing summary

Company overview and business model

• Focuses on integrating digital trust into the physical world by combining cybersecurity, semiconductors, and post-quantum IoT technologies.

• Designs secure microcontrollers with advanced tamper resistance, including quantum-resistant features, and holds a high security certification (CC EAL5+).

• Operates as a PKI Root Certification Authority, certified by global organizations, and plans to launch a post-quantum Root CA in Q4 2024.

• Holds a portfolio of 40 patent families and secures millions of connected devices across various industries.

• Recent strategic shift: development of the SEALCOIN decentralized technology project transferred to parent WISeKey, with SEALSQ focusing on semiconductor hardware.

Financial performance and metrics

• As of November 18, 2024, public float valued at approximately $12.7 million, with 25,077,150 Ordinary Shares held by non-affiliates at $0.5080 per share.

• No securities sold under General Instruction I.B.5 of Form F-3 in the prior 12 months.

Use of proceeds and capital allocation

• Net proceeds intended for general corporate purposes, including M&A, working capital, and R&D.

• Specific allocation and timing of proceeds will be detailed in future prospectus supplements.