October 1, 2018 / 5:13 AM / 2 months ago

BRIEF-WISeKey International Holding Secures Short-Term Unsecured Loan Facility Of $3.5 Million

Oct 1 (Reuters) - Wisekey International Holding AG:

* SECURES SHORT-TERM UNSECURED LOAN FACILITY OF USD 3.5 MILLION FROM FUND MANAGED BY YORKVILLE ADVISORS GLOBAL, LLC

* HAS FURTHER AGREED WITH YORKVILLE TO AMEND EXISTING STANDBY EQUITY DISTRIBUTION AGREEMENT (“SEDA”)

* UNDER ITS TERMS YORKVILLE TO PROVIDE WISEKEY UP TO CHF 50 MILLION IN EQUITY FINANCING OVER 3-YEAR PERIOD Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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