Quantisimo signs agreement to combine with GigCapital8 in Nasdaq listing plan

Why it matters

If completed, the transaction would move Quantisimo and GigCapital8 under a new holding company and provide a planned Nasdaq Capital Market listing under QSMO. WISeQey and SEALSQ would retain a majority stake, while the deal requires at least $15 million of cash and a matching contribution from SEALSQ.

Key facts

• 1Quantisimo is assigned an approximate value of $666.1 million using $10.00 per share. globenewswire.com
• 2WISeQey and SEALSQ are to receive an aggregate of 66,610,000 shares in the new holding company. globenewswire.com
• 3The transaction includes a minimum cash condition of $15 million, funded through GigCapital8 trust funds and any PIPE investment plus a matching SEALSQ contribution. globenewswire.com
• 4Closing is expected in the first quarter of 2027, subject to GigCapital8 shareholder approval and other customary conditions. globenewswire.com
• 5The proposed holding company is expected to list its ordinary shares on the Nasdaq Capital Market under QSMO. globenewswire.com
• 6The parties agreed to six-month lock-ups, and GigCapital8’s sponsor agreed to support the transaction and not redeem its shares. globenewswire.com

Open questions

• The combination has not closed and remains dependent on shareholder approval and other customary conditions.
• The final ownership split, cash raised through any PIPE investment, and timing of the Nasdaq listing are not specified.