Dec. 7 at 7:29 PM
$WKEY Why a market cap under 80 million with
228 million in cash
30 million in stock from sealsq
250 million coming in 2026 with the new spin off
Overview
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WISeKey's cash position has fluctuated, with significant figures reported in 2025: around
$124.6 million as of June 30, 2025 (H1 results) and a reported
$228 million as of October 10, 2025 (9M results), indicating a strong increase due to financing activities and offerings. These funds are used for R&D in quantum-resistant solutions and expansion.
Recent Figures:
June 30, 2025:
$124.6 million
October 10, 2025:
$228 million
Key Context:
Source of Cash: The increase in cash in 2025 was attributed to capital injections from a registered direct offering, warrant exercises in their SEALSQ semiconductor vertical, and an ATM equity program.
Purpose: WISeKey plans to use this liquidity to fund operations, support R&D, expand sales, and finance potential M&A activities.