WISeKey and ExWorks agree on amendments to the Existing Acquisition Line of Credit Agreement
Summary
As previously announced, the Credit Facility can be up-sized or syndicated at the same terms for up to an additional USD 10.0 million by way of adding co-lender(s) or selling a participation interest.WISeKey (SIX Swiss Exchange: WIHN) is a leading global cybersecurity company currently deploying large scale digital identity ecosystems with a patented process.WISeKeys 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.Working Capital Financing - ExWorks can provide International Trade Receivable and Inventory Revolvers, including advancing on Raw Materials, WIP and Finished Goods, between $1,000,000 and $25,000,000.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.
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