WISeQey Begins Trading as WQEY; WISeSat.Space Lists on Nasdaq After $10M PIPE
Summary
WISeQey began trading as WQEY on Nasdaq and SIX after completing its redomiciliation, and subsidiary WISeSat.Space listed on Nasdaq as SAIQ following a $10M PIPE from SEALSQ at $10.79/share with price protection down to $5.00.
Key Events · Corporate Governance and Compliance · WKEY
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New Ticker WQEY Begins Trading
WISeQey Corp. began trading on Nasdaq and SIX under the symbol WQEY on October 5, 2026, completing its redomiciliation from Switzerland to the British Virgin Islands.
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WISeSat.Space Lists on Nasdaq
Subsidiary WISeSat.Space Holdings Corp. listed on Nasdaq under symbol SAIQ, concurrent with the closing of its business combination.
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$10M PIPE Closes at $10.79/Share
SEALSQ Corp completed a $10 million PIPE investment in WISeSat.Space at $10.79 per share, slightly above the previously reported ~$10.66, with price protection down to a $5.00 floor.
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Price-Protection Mechanics Disclosed
If WISeSat.Space's VWAP over the 10 consecutive trading days ending on the 60th calendar day after closing is below $10.79, SEALSQ may receive additional ordinary shares, subject to a $5.00 floor price.
Analysis · WKEY · Technology
WISeQey completed its redomiciliation and began trading under the new symbol WQEY on Nasdaq and SIX, while subsidiary WISeSat.Space listed on Nasdaq as SAIQ. The $10 million PIPE from SEALSQ closed at $10.79 per share — slightly above the previously reported ~$10.66 — with a price-protection mechanism that could issue additional shares to SEALSQ if the VWAP over the 10 trading days ending 60 days after closing falls below the purchase price, subject to a $5.00 floor. This is a related-party transaction: Carlos Moreira is CEO of all three entities. The new ticker and listing mark the operational completion of a restructuring that has been in motion since August, and the final PIPE terms give investors concrete numbers on the capital structure of the newly listed space subsidiary.
How filings like this one have moved
In the 30 days to Oct 6, 2026, 28.9% of the 1573 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.57%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, WKEY was trading at $6.20 on NASDAQ in the Technology sector, with a market capitalization of approximately $71.2M. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.