UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 under the
Securities Exchange Act of 1934
Date of report: November 15, 2023
Commission File Number: 001-39115
WISEKEY INTERNATIONAL HOLDING AG
(Exact Name of Registrant as Specified in Charter)
WISEKEY INTERNATIONAL HOLDING LTD
(Translation of Registrant’s name into
English)
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Canton of Zug, Switzerland
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General-Guisan-Strasse 6
CH-6300 Zug, Switzerland |
Not Applicable |
(State or other jurisdiction of incorporation or organization)
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(Address of principal executive office) |
(I.R.S. Employer Identification No.) |
Indicate by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F:
☒ Form
20-F ☐
Form 40-F
SIGNATURES
Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.
Date: November 15, 2023
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wisekey international holding ag |
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By: |
/s/ Carlos Moreira |
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Name: |
Carlos Moreira |
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Title: |
Chief Executive Officer |
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By: |
/s/ Peter Ward |
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Name: |
Peter Ward |
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Title: |
Chief Financial Officer |
3
Exhibit 1.1
WISeKey Raises Revenue Guidance for Full Year
2023
Zug, Switzerland – November 15, 2023
– Ad-Hoc announcement pursuant to Art. 53 of SIX Listing Rules– WISeKey International Holding Ltd. (“WISeKey”)
(SIX: WIHN, NASDAQ: WKEY), a leader in cybersecurity, digital identity, and Internet of Things (IoT) solutions operating as a holding
company, today updated its full year (“FY”) 2023 revenue guidance to over $30 million, which represents an increase by over
25% compared to revenue reported for FY 2022.
For the nine-month period ended September 30,
2023, WISeKey’s total unaudited revenue was $22.6 million, marking a 21% increase from the nine-month period ended September 30,
2022. Of note, the semiconductor segment revenue saw a 20% increase to $22.1 million from $18.4 million in the nine-month period ended
September 30, 2022.
WISeKey operates as a holding company with four
subsidiaries: SEALSQ Corp (“SEALSQ”) (Nasdaq: LAES), WISeKey SA, WISeSat.Space, and WISe.ART, each dedicated to a unique aspect
of its expansive technology portfolio, is also reporting a pipeline of opportunities for IoT semiconductors products totaling $60 million.
WISeKey’s diversified growth strategy is
beginning to bear fruit, as evident from the accelerated progress at its semiconductors and cybersecurity sectors now delivering supply
chain logistics projects, such as the innovative Smart Container initiative, and the increased level of investments and demand for WISeSat.Space
related services and blockchain tokenization for the WISe.ART Digital Platform. While cybersecurity and semiconductors remain WISeKey’s
primary revenue sources, these new ventures are demonstrating significant potential.
Carlos Moreira, CEO of WISeKey, discussing this
revenue evolution, stated, “We are witnessing a strong and consistent customer demand for our cybersecurity, semiconductor products
and Matter-related offerings, along with a growing market share. Our innovation efforts are especially noteworthy in areas like integrating
semiconductors with post-quantum technologies, artificial intelligence, security, and cloud services. This progress strengthens our belief
in our ability to capitalize on the numerous opportunities that lie ahead.”
Looking forward, Mr. Moreira added, “While
2024 is projected to be a year of transition for the WISeKey group, marked by a temporary slowdown in growth due to market shifts toward
emerging new semiconductors at SEALSQ level, we are slowly but surely introducing new revenue sources from other verticals. In 2025-2026,
we expect to see full production recovery and revenue surge in semiconductors, in additional to meaningful revenues to be generated from
new verticals.”
Mr. Moreira continued, “Specifically, in
2024, we are strategically positioned to start generating revenue from our innovative Low Orbit satellite initiatives, notably
in projects like Smart Container and Supply Chain supervised by satellite connections. Additionally, we are introducing a novel offering
that encompasses the establishment of dedicated centers for cybersecurity and IoT Semiconductors personalization. This is a significant
step in enhancing our service portfolio and meeting the evolving needs of our clients. Moreover, 2024 is set to be a pivotal year for
our WISe.ART platform, as it is expected to reach full maturity and begin generating substantial transactional revenue. This growth
will be driven by the rich collection of digital art already hosted on the platform, which we anticipate will attract significant interest
and engagement from the digital art community. Looking further ahead, our sustained investments in the research and development of post-quantum
resistant technology are projected to yield considerable returns starting from 2025/2026. This advancement is crucial in keeping pace
with the rapidly changing technological landscape and maintaining our leadership in providing cutting-edge, secure solutions in an increasingly
digital world.”
About WISeKey
WISeKey International Holding Ltd (“WISeKey”,
SIX: WIHN; Nasdaq: WKEY) is a global leader in cybersecurity, digital identity, and IoT solutions platform. It operates as a Swiss-based
holding company through several operational subsidiaries, each dedicated to specific aspects of its technology portfolio. The subsidiaries
include (i) SEALSQ Corp (Nasdaq: LAES), which focuses on semiconductors, PKI, and post-quantum technology products, (ii) WISeKey SA which
specializes in RoT and PKI solutions for secure authentication and identification in IoT, Blockchain, and AI, (iii) WISeSat.Space AG which
focuses on space technology for secure satellite communication, specifically for IoT applications, and (iv) WISe.ART Corp which focuses
on trusted blockchain NFTs and operates the WISe.ART marketplace for secure NFT transactions.
Each subsidiary contributes to WISeKey’s
mission of securing the internet while focusing on their respective areas of research and expertise. Their technologies seamlessly integrate
into the comprehensive WISeKey platform. WISeKey secures digital identity ecosystems for individuals and objects using Blockchain, AI,
and IoT technologies. With over 1.6 billion microchips deployed across various IoT sectors, WISeKey plays a vital role in securing the
Internet of Everything. The company’s semiconductors generate valuable Big Data that, when analyzed with AI, enable predictive equipment
failure prevention. Trusted by the OISTE/WISeKey cryptographic Root of Trust, WISeKey provides secure authentication and identification
for IoT, Blockchain, and AI applications. The WISeKey Root of Trust ensures the integrity of online transactions between objects and people.
For more information on WISeKey’s strategic direction and its subsidiary companies, please visit www.wisekey.com.
Press and investor contacts:
WISeKey International Holding Ltd
Company Contact: Carlos Moreira
Chairman & CEO
Tel: +41 22 594 3000
info@wisekey.com
WISeKey Investor Relations (US)
The Equity Group Inc.
Contact: Lena Cati
Tel: +1 212 836-9611 / lcati@equityny.com
Katie Murphy
Tel: +1 212 836-9612 / kmurphy@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. 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.
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