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OFFON

WISEKEY INTERNATIONAL HOLDING AG

(WIHN)
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Press Release: WISeKey to receive a $10.0 million high growth capital investment from Alpha Blue Ocean to finance its TrustNFT.IO NFT platform to be launched in June 2021

05/07/2021 | 01:01am EDT
   WISeKey to receive a $10.0 million high growth capital investment from 
Alpha Blue Ocean to finance its TrustNFT.IO NFT platform to be launched 
in June 2021 
 
   LinkedInFacebookMore 
 
   Zug, Switzerland -- May 7, 2021 -- WISeKey International Holding Ltd 
("WISeKey" or "Company") (SIX: WIHN, NASDAQ: WKEY), a leading global 
cybersecurity, AI and IoT company, announced today that it has signed a 
term-sheet to enter into a back-to-back unsecured short-term loan and 
the issuance and subscription of convertible notes with Alpha Blue Ocean 
to finance its new TrustNFT.IO NFT platform to be launched in June 2021. 
 
 
   The financing provided by Alpha Blue Ocean, a dynamic family office with 
the mission of revolutionizing the financial industry by offering 
innovative and tailored investments adapted to risk, is in the form of a 
short-term loan of $10.0 million repayable over a period of 12 months. 
Repayments are to be made either in cash or by requesting Alpha Blue 
Ocean to subscribe to convertible notes, up to a maximum of $10.8 
million, with the proceeds from the subscription being used to make a 
repayment against the short-term loan.  The principal amount of each 
convertible note subscribed, is repayable by way of conversion into 
Class B shares, par value CHF 0.05 each, of WISeKey (the "Class B 
Shares").  As consideration for Alpha Blue Ocean's financing commitment, 
WISeKey, among other things, will be issuing a number of warrants. 
 
   With TrustedNFT.IO WISeKey delivers the most reliable and secure NFT 
platform for businesses to bring trust to the hype around Non-Fungible 
Tokens (NFT), by providing a dedicated, secure marketplace for buying 
and selling NFTs, including artwork and luxury goods. The first major 
blockbuster auction on the new platform will occur in Summer 2021, with 
more information to come soon. 
 
   "By combining our Root of Trust with Blockchain, we have created an 
innovative Trust Protocol that enables a wide range of use cases and 
business models, simply not possible with current Blockchain-based 
solutions on their own," said Carlos Moreira, Founder and CEO of 
WISeKey. "The first application of this collaboration will be the 
auctioning of digital twins of artwork and luxury collectibles, which we 
indisputably move into the virtual world, yet make their illegal use 
impossible." 
 
   "This agreement provides WISeKey access to flexible financing, allowing 
us to accelerate the deployment of NFCtrusted.IO, our new NFT business 
segment, which will bring us a totally new incremental revenue source," 
said Carlos Moreira, Founder and CEO of WISeKey. 
 
   "We are excited to invest in WISeKey, which we consider an emerging 
leader in the rapidly expanding market of Artificial Intelligence & 
Cybersecurity. We believe the NFT market requires the know-how and 
cybersecurity IoT technology of WISeKey. We are proud to partner up with 
WISeKey by financing this transaction," added Pierre Vannineuse, CEO of 
Alpha Blue Ocean. 
 
   About Alpha Blue Ocean: 
 
   Created in 2017 by Pierre Vannineuse, Hugo Pingray and Amaury Mamou-Mani, 
Alpha Blue Ocean is a young and dynamic family office with the mission 
of revolutionizing the financial industry by offering innovative and 
tailored investments adapted to risk. 
 
   Alpha Blue Ocean operates through a direct, rational and efficient 
approach in providing alternative financing solutions through PIPE 
(Private Investments in Public Equities) deals. ABO has made notable 
investments in companies such as AB Science (AB:FP), Erytech (ERYP:US), 
Intrasense (ALINS:FP), and DBT Group (ALDBT:FP), among others. 
 
   About WISeKey: 
 
   WISeKey (NASDAQ: WKEY; SIX Swiss Exchange: WIHN) is a leading global 
cybersecurity company currently deploying large scale digital identity 
ecosystems for people and objects using Blockchain, AI and IoT 
respecting the Human as the Fulcrum of the Internet. WISeKey 
microprocessors secure the pervasive computing shaping today's Internet 
of Everything. WISeKey IoT has an install base of over 1.5 billion 
microchips in virtually all IoT sectors (connected cars, smart cities, 
drones, agricultural sensors, anti-counterfeiting, smart lighting, 
servers, computers, mobile phones, crypto tokens etc.).  WISeKey is 
uniquely positioned to be at the edge of IoT as our semiconductors 
produce a huge amount of Big Data that, when analyzed with Artificial 
Intelligence (AI), can help industrial applications to predict the 
failure of their equipment before it happens. 
 
   Our technology is Trusted by the OISTE/WISeKey's Swiss based 
cryptographic Root of Trust ("RoT") provides secure authentication and 
identification, in both physical and virtual environments, for the 
Internet of Things, Blockchain and Artificial Intelligence. The WISeKey 
RoT serves as a common trust anchor to ensure the integrity of online 
transactions among objects and between objects and people. For more 
information, visit 
https://www.globenewswire.com/Tracker?data=iPJhWUuSmtk9R4QymrfvZ1QXR_FUisd8-nxeeb9wwGrfr3ZtXrXVtbA_sAw2AY-lzwDnsyk4WD1-VewRg5vbFVihQTvQ1-XjiIJdtzxJE2DBMVD7CtXIdOxR0yLi1cSmTzLgsiLp89l8Jw9AL3sEFStgPZWgj19UahlvJF1XyRrppUwHpe94kJ-nLfI97bV5mSxCd7S8ILQGnhY1kr3olzB3cCa80E_IGc3VIMzaBxAS0buNnIl38VtB7BLX2RTPOMjNEg4zzJCC3PfS2zBf2wgdeI3Qi46PRwtM24GPeM1b2gVO7EibgUPNJ-6jbjYHXDgbIfEZ5VR25dQB-1n0L2J_cTYSEEJzuZM3TguwUHe9ScDJgxW7Ajikj_jMTsxViY9fjUX1VyCkWt4vQBv5v3nUdGliKZDk52CrjcnYmus1dJj2kpyUtg92GRmuiG-rHlEB97iEPpc4DDxBPT_-AcEgzFIopxgcEQQhadwAd9tQWhJQ2nml9XvrYccToWLndbZw8KW5sQ6Ilhv3147vZmDsgLau4i7xcMVsDxkaMT8gQsOaZD7MUyVVLQPA_HahAly5XqKdTlhHgoOld69kQcvVoT6VpnUdqTfnY_kwUtX1IquX1qCg9teUTv-waE0zYztHuXXQly58yvOL1i1IO8Qlf90IgK-J8wSfgkgjbJjBTAZTLbavdHcrBsnhCSbS7cORb_ugKGs7mMHjf_enecF44nSqaYHnDEekRjH-C1yc4icVdYO0-jT-uFqKqG51h4HKXecue9iIRRtBqjvd6yYoFMaQTRVEhjhj0SBRro79M5XnOmrWmdL8nN52m7X7yuvQm6mzWK2D0_6-SgKPWtkTkXJApzGa5lPfbMPwdvjkE4n_fN_cELf08HZbTEdOcdFhEgrJtUJmqA-pukDm0mfxh5t1wu5YGXwUzmE3_WZv_bA3AqeVYEdLZRelGPFKNpkICZsg_Gr_NalD4I9yFahunju4Fsrl25AnwB8fpnWXiV27ROn3K1lqABl5OQal 
www.wisekey.com. 
 
   Press and investor contacts: 
 
 
 
 
WISeKey International Holding Ltd          WISeKey Investor Relations (US) 
 Company Contact: Carlos Moreira            Contact: Lena Cati 
 Chairman & CEO                             The Equity Group Inc. 
 Tel: +41 22 594 3000                       Tel: +1 212 836-9611 
 mailto:info@wisekey.com info@wisekey.com   mailto:lcati@equityny.com lcati@equityny.com 
-----------------------------------------  --------------------------------------------- 
 
   Disclaimer: 
 
   This communication expressly or implicitly contains certain 
forward-looking statements concerning WISeKey International Holding Ltd 
and its business. Such statements involve certain known and unknown 
risks, uncertainties and other factors, which could cause the actual 
results, financial condition, performance or achievements of WISeKey 
International Holding Ltd to be materially different from any future 
results, performance or achievements expressed or implied by such 
forward-looking statements. WISeKey International Holding Ltd is 
providing this communication as of this date and does not undertake to 
update any forward-looking statements contained herein as a result of 
new information, future events or otherwise. 
 
   This press release does not constitute an offer to sell, or a 
solicitation of an offer to buy, any securities, and it does not 
constitute an offering prospectus within the meaning of the Swiss 
Financial Services Act ("FinSA"), the FInSa's predecessor legislation or 
advertising within the meaning of the FinSA, or within the meaning of 
any other securities regulation. Investors must rely on their own 
evaluation of WISeKey and its securities, including the merits and risks 
involved. Nothing contained herein is, or shall be relied on as, a 
promise or representation as to the future performance of WISeKey. 
 
   The securities offered will not be, and have not been, registered under 
the United States of America Securities Act of 1933, as amended, and may 
not be offered or sold in the United States of America, absent 
registration or an applicable exemption from the registration 
requirements of said Act. 
 
 
 
 

(END) Dow Jones Newswires

May 07, 2021 01:00 ET (05:00 GMT)

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NASDAQ COMP. -0.24% 14039.683841 Delayed Quote.9.19%
WISEKEY INTERNATIONAL HOLDING AG -1.65% 1.49 Delayed Quote.23.67%
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Financials
Sales 2021 20,9 M 23,0 M 23,0 M
Net income 2021 - - -
Net Debt 2021 - - -
P/E ratio 2021 -
Yield 2021 -
Capitalization 115 M 128 M 127 M
Capi. / Sales 2021 5,49x
EV / Sales 2022
Nbr of Employees 81
Free-Float 79,9%
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Number of Analysts 1
Average target price
Last Close Price 1,49 
Spread / Highest target -
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Managers and Directors
NameTitle
Joao Carlos Creus Moreira Chairman & Chief Executive Officer
Peter Ward Chief Financial Officer & Executive Director
Hans-Christian Boos Director & Chief Technology Officer
Patrick Williamson Chief Operating Officer
Philippe Doubre Independent Non-Executive Director
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