--- title: "SEALSQ Boosts Stake in WISeSat.Space as SPAC Merger Closes and Nasdaq Trading Begins" type: "News" locale: "en" url: "https://longbridge.com/en/news/300831795.md" description: "SEALSQ Corp increased its stake in WISeSat.Space following the latter's SPAC merger with Columbus Acquisition Corp and subsequent Nasdaq listing under ticker 'SAIQ'. SEALSQ received shares via business combination and subscribed to additional ordinary shares at $10.79 per share, benefiting from price protection. While analysts rate LAES a Buy with a $4 target, Spark AI rates it Neutral due to weak financials despite strong revenue guidance." datetime: "2026-10-02T21:47:34.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/300831795.md) - [en](https://longbridge.com/en/news/300831795.md) - [zh-HK](https://longbridge.com/zh-HK/news/300831795.md) generator: "portal-rs" --- # SEALSQ Boosts Stake in WISeSat.Space as SPAC Merger Closes and Nasdaq Trading Begins SEALSQ Corp ( (LAES) ) just unveiled an update. On October 1, 2026, SEALSQ completed a key step in its space-focused investment strategy as WISeSat.Space Holdings Corp closed its business combination with Columbus Acquisition Corp, WISeSat.Space Corp d/b/a SpaceAIQ and other affiliates, with trading of WISeSat.Space shares beginning on Nasdaq under the ticker “SAIQ” on October 2, 2026. In exchange for its SpaceAIQ shares, SEALSQ received 1,040,478 WISeSat.Space Ordinary Shares and an equal number of Class F Shares, strengthening its equity position in the newly listed space technology vehicle. SEALSQ also finalized a previously agreed private investment in public equity on October 1, 2026, subscribing to 926,784 WISeSat.Space Ordinary Shares at a redemption-linked price of $10.79 per share. The deal includes price-protection that could grant SEALSQ additional shares if the market price falls below the purchase level after 60 days, along with lock-up restrictions, underscoring SEALSQ’s long-term commitment to WISeSat.Space and potentially enhancing its exposure to the commercial space and satellite data markets. The most recent analyst rating on (LAES) stock is a Buy with a $4.00 price target. To see the full list of analyst forecasts on SEALSQ Corp stock, see the LAES Stock Forecast page. **Spark’s Take on LAES Stock** According to Spark, TipRanks’ AI Analyst, LAES is a Neutral. The score is held back primarily by weak financial performance (large ongoing losses and persistent cash burn) and bearish technical trend signals. These are partly offset by a more constructive earnings-call outlook with reaffirmed high-growth revenue guidance, strong gross margin progress, and substantial liquidity, while valuation remains challenged due to negative earnings and no dividend support. To see Spark’s full report on LAES stock, click here. **More about SEALSQ Corp** SEALSQ Corp, incorporated in the British Virgin Islands and headquartered near Geneva, Switzerland, operates as an affiliate of WISeQey Corp in the broader cybersecurity and secure technology ecosystem. The company is listed in the U.S. as a foreign private issuer and uses cross-border capital markets structures, including Form 20-F reporting and shelf registrations, to support its strategic investments and equity holdings. **Average Trading Volume:** 9,311,690 **Technical Sentiment Signal:** Sell **Current Market Cap:** $540.4M ### Related Stocks - [LAES.US](https://longbridge.com/en/quote/LAES.US.md) - [SAIQ.US](https://longbridge.com/en/quote/SAIQ.US.md) - [COLA.US](https://longbridge.com/en/quote/COLA.US.md) ## Related News & Research - [SEALSQ unit IC’Alps spotlights low-power secure ASIC design for implantable, connected medical devices](https://longbridge.com/en/news/300572921.md) - [SEALSQ Updates Certification Timeline for Post-Quantum Security Chips](https://longbridge.com/en/news/300140853.md) - [SEALSQ Secures FIPS 140-3 Level 3 Validation for VaultIC408, Advancing Post-Quantum Hardware Strategy](https://longbridge.com/en/news/300141264.md) - [SEALSQ expands Quantum Highway with planned CHF 40-60 million post-quantum center in Switzerland’s Jura canton](https://longbridge.com/en/news/299773171.md) - [SEALSQ Files June 2026 Interim Results Showing Revenue Surge but Wider Loss](https://longbridge.com/en/news/298928913.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**