10:47 AM EDT, 10/15/2025 (MT Newswires) -- SEALSQ ( LAES ) said Wednesday it has priced a registered direct offering of 12.64 million shares at $7.50 per share for total proceeds of about $94.8 million.

The firm said it has also priced a concurrent private placement of pre-funded warrants to buy about 14.03 million shares and class D warrants to purchase up to about 53.33 million shares at a combined price of $7.50 each to raise about $105.2 million.

The use of net proceeds includes to accelerate its post-quantum and quantum commercialization roadmap, the company said. It expects to close the offerings Thursday.

SEALSQ ( LAES ) shares were down over 5% in recent trading.

Price: 7.23, Change: -0.42, Percent Change: -5.49