10:38 AM EDT, 03/16/2026 (MT Newswires) -- SEALSQ ( LAES ) said Monday it has entered into a securities purchase agreement with several institutional investors to sell shares and warrants to raise gross proceeds of $125 million.

The company said it will sell more than 30.4 million shares and accompanying warrants to purchase up to 60.8 million shares priced at-the-market.

Net proceeds will be used to accelerate the company's post-quantum and quantum portfolio commercialization in the US and Europe, according to a statement.

The offering is expected to close on Tuesday.

SEALSQ ( LAES ) shares were down by more than 11% in Monday trading.

Price: 3.46, Change: -0.40, Percent Change: -10.36