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SEALSQ Corp ( (LAES) ) has issued an announcement.
SEALSQ Corp has announced an inducement offer for holders of its July 2023 and January 2024 ordinary share purchase warrants. The company is reducing the exercise price and increasing the number of shares issuable upon exercise, aiming to encourage warrant holders to convert their warrants into shares. This strategic move is intended to enhance liquidity and potentially strengthen the company’s financial position by securing additional capital from these exercises.
More about SEALSQ Corp
SEALSQ Corp is a company that engages in the issuance and management of ordinary share purchase warrants, offering opportunities for holders to exercise these warrants to purchase company shares.
YTD Price Performance: 609.38%
Average Trading Volume: 27,171,454
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $887.2M
For detailed information about LAES stock, go to TipRanks’ Stock Analysis page.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
