WISeSat.Space Completes SPAC Merger, Begins Trading on Nasdaq as SAIQ
SAIQ sits 20% above its 52-week low of $1.76 on elevated volume (19× avg).
Summary
WISeSat.Space, SEALSQ's sister company, completed its business combination with Columbus Acquisition Corp and began trading on Nasdaq under ticker SAIQ on October 2, 2026. The deal was approved by CAC shareholders on September 30 and closed October 1. This follows SEALSQ's $10 million investment in the SpaceAIQ SPAC merger announced in August, and the listing establishes WISeSat.Space as a separately public company focused on post-quantum-secure satellite communications. For SEALSQ, the event validates its strategic investment and expands the WISeQey ecosystem's access to public capital. The listing may increase investor attention on SEALSQ's own post-quantum semiconductor business, though the direct financial impact on SEALSQ is limited to its existing stake.
At the time of this announcement, SAIQ was trading at $2.11 on NASDAQ in the Technology sector, with a market capitalization of approximately $8.3M. The 52-week trading range was $1.76 to $12.95. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: GlobeNewswire.