Quantisimo Signs Definitive SPAC Deal With GigCapital8 to List on Nasdaq as QSMO

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3▲3 ▼0Impact / 5
Summary · why it matters

Quantisimo Corp., the pure-play sovereign quantum vertical platform formed by WISeQey and SEALSQ, has signed a definitive business combination agreement with GigCapital8 Corp. to become a Nasdaq-listed public company. Under the deal, WISeQey and SEALSQ will receive an aggregate of 66,610,000 shares of the new holding company, Quantisimo Holding Corp., implying a pro forma equity value for Quantisimo of approximately $666.1 million at $10.00 per share, and are expected to hold a majority of PubCo's outstanding ordinary shares. The transaction is supported by a minimum cash condition of $15 million, funded through cash from GigCapital8's trust account and any PIPE investment, together with a matching cash contribution from SEALSQ, with any PIPE investment expected to be priced at not less than $10.00 per share. WISeQey, SEALSQ and GigCapital8's sponsor have agreed to customary six-month lock-ups, and the sponsor has agreed to vote in favor of the transaction and not redeem its shares. The business combination is expected to close in the first quarter of 2027, subject to customary conditions including approval by GigCapital8's shareholders, and PubCo's ordinary shares are expected to list on the Nasdaq Capital Market under the symbol QSMO.

Impact on assets 5

Cybersecurity & Digital Trust▲
SEALSQ Corp
LAES
▲ PositiveCapitalrelevance

SEALSQ is a co-founder of Quantisimo and will receive shares plus make a matching cash contribution in the SPAC listing, a financial/valuation event.

Aging Population▲
Others▲
GigCapital8 Corp.
GIW
▲ PositiveCapitalrelevance

GigCapital8 signed the definitive business combination agreement to take Quantisimo public on Nasdaq.

Off-coverage companies 1

Quantisimo Corpi
Private▲ PositiveCapitalrelevance

Quantisimo is the subject of the SPAC deal, signing a definitive agreement with GigCapital8 to list on Nasdaq as QSMO.