WISeKey Announces Strategic Business Combination with Columbus Acquisition Corp

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2025.11.18 17:48
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WISeKey International Holding Ltd has announced a strategic business combination with Columbus Acquisition Corp, effective November 9, 2025. This agreement will restructure WISeKey's operations, making WISeSat BVI Sub a wholly owned subsidiary of Pubco, with WISeKey as a shareholder, and CAC merging into Pubco. The move aims to enhance WISeKey’s market position and growth opportunities. Despite financial challenges, the company has a strong future revenue pipeline. The current analyst rating for WKEY stock is Hold with a $10.00 price target.