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WISeKey to Draw Down on the Yorkville Share Subscription Facility

WISeKey to Draw Down on the Yorkville Share Subscription Facility

Zug, Switzerland – June 25, 2018 – WISeKey International Holding Ltd (SIX: WIHN, OTCQX: WIKYY) (WISeKey” or the “Company”), a leading cybersecurity and IoT company, announced today the delivery of a share draw-down notice in line with the terms and conditions of the Standby Equity Distribution Agreement (“SEDA”) with a fund managed by Yorkville Advisors Global, LLC (“Yorkville”), as previously announced.

WISeKey has requested Yorkville, and Yorkville has agreed, to purchase newly issued Class B Shares for an amount of CHF 1 million. In accordance with the terms of the SEDA, the definitive subscription price and number of Class B Shares to be issued out of the Company’s existing authorized share capital on a non-preemptive rights basis are determined by reference to 93% of the lowest daily volume-weighted average price of a Class B Share, as traded and quoted on the SIX Swiss Exchange Ltd, during the SIX Swiss Exchange pricing period ending on Thursday, June 28, 2018.

About WISeKey:
WISeKey (SIX: WIHN, OTCQX: WIKYY) is a leading global cybersecurity company currently deploying large scale digital identity ecosystems with a patented process. 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

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Press and investor contacts:

WISeKey International Holding Ltd 
Company Contact:  Carlos Moreira
Chairman & CEO
Tel: +41 22 594 3000
WISeKey Investor Relations (US) 
Contact:  Lena Cati
The Equity Group Inc.
Tel: +1 212 836-9611

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 article 652a or article 1156 of the Swiss Code of Obligations or a listing prospectus within the meaning of the listing rules of the SIX Swiss Exchange. 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.