<iframe src="//www.googletagmanager.com/ns.html?id=GTM-MX3DVL" height="0" width="0" style="display:none;visibility:hidden"></iframe>Pestalozzi advises global institutional investors in connection with amendment to the $ 44m WISeKey convertible notes facility | Pestalozzi Attorneys at Law

Pestalozzi advises global institutional investors in connection with amendment to the $ 44m WISeKey convertible notes facility

24.09.2021

Pestalozzi advises global institutional investors ("Investors") in connection with an amendment to the up to $44,000,000 equity linked investment in WISeKey International Holding Ltd ("WISeKey") listed at SIX Swiss Exchange and with ADS traded at NASDAQ (SIX: WIHN, NASDAQ: WKEY) agreed in June 2021 enabling WISeKey to invest further in the development of its WISe.Art NFT platform and the TrusteCoin token as demand for its Trusted NFT solution increases. The amendment to the Agreements provides WISeKey with early access to the remainder of its $44 million convertible notes through the creation of four Accelerated Tranches, each of between $2,000,000 and $5,500,000. The additional funding of up to $22 million, will enable WISeKey to gradually unlock increased financing to further its investment in the recently announced WISe.ART NFT platform and TrusteCoin.

The Pestalozzi team included:
Christian Leuenberger (Lead Partner - Capital Markets / M&A), Monika Maric (Associate - Capital Markets / M&A)

To the top

Cookies

Close
We use cookies in order to optimally design and continuously improve our website. By continuing to use the website you consent to the use of cookies. For further information about cookies please view our data protection statement.