<SEC-DOCUMENT>0001193805-23-001449.txt : 20231024
<SEC-HEADER>0001193805-23-001449.hdr.sgml : 20231024
<ACCEPTANCE-DATETIME>20231024171048
ACCESSION NUMBER:		0001193805-23-001449
CONFORMED SUBMISSION TYPE:	424B3
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20231024
DATE AS OF CHANGE:		20231024

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SEALSQ Corp
		CENTRAL INDEX KEY:			0001951222
		STANDARD INDUSTRIAL CLASSIFICATION:	SEMICONDUCTORS & RELATED DEVICES [3674]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			D8
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		424B3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-273793
		FILM NUMBER:		231343383

	BUSINESS ADDRESS:	
		STREET 1:		AVENUE LOUIS-CASAI 58
		CITY:			COINTRIN
		STATE:			V8
		ZIP:			1216
		BUSINESS PHONE:		212-336-2039

	MAIL ADDRESS:	
		STREET 1:		CRAIGMUIR CHAMBERS, ROAD TOWN
		CITY:			TORTOLA
		STATE:			D8
		ZIP:			VG 1110

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SEAL (BVI) Corp.
		DATE OF NAME CHANGE:	20221019
</SEC-HEADER>
<DOCUMENT>
<TYPE>424B3
<SEQUENCE>1
<FILENAME>e619024_424b3-sealsq.htm
<TEXT>
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<P STYLE="margin: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; background-color: white"><B>Filed Pursuant to Rule
424(b)(3)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; background-color: white"><B>Registration&nbsp;No.&nbsp;333-273793</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white"><B>PROSPECTUS SUPPLEMENT NO. 6</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white"><B>(TO PROSPECTUS DATED AUGUST 21, 2023)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt; background-color: white"><IMG SRC="image_01.jpg" ALT="">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="background-color: white">This prospectus
supplement updates and supplements the prospectus dated August 21, 2023 (the &ldquo;Prospectus&rdquo;), which forms a part of our registration
statement on Form F-1 (No. 333-273793). This prospectus supplement is being filed to update and supplement the information in the Prospectus
with information contained in our Current Report on Form 6-K filed with the Securities and Exchange Commission on October 24, 2023 (the
&ldquo;Current Report&rdquo;). Accordingly, we have attached the Current Report to this prospectus supplement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="background-color: white">This Prospectus
and prospectus supplement relate</FONT> to the resale, from time to time, by the selling shareholders named in the Prospectus (the &ldquo;Selling
Shareholders&rdquo;) of an aggregate of up to 8,000,000 of our Ordinary Shares, US$0.01 par value per Ordinary Share (the &ldquo;Ordinary
Shares&rdquo;), reserved for issuance (i) upon the conversion of currently outstanding 4% discount convertible promissory notes (the &ldquo;Notes&rdquo;)&nbsp;
held by the Selling Shareholders (the &ldquo;Conversion Shares&rdquo;) and (ii) upon exercise of currently outstanding warrants (the &ldquo;Warrants&rdquo;)
held by the Selling Shareholders (the &ldquo;Warrant Shares&rdquo;). The Notes and Warrants were issued to the Selling Shareholders on
July 11, 2023 (the &ldquo;Closing Date&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">We registered the resale of up to an aggregate
of 8,000,000 Conversion Shares and Warrant Shares as required by the Registration Rights Agreement, dated as of July 11, 2023 (the &ldquo;Registration
Rights Agreement&rdquo;), by and among us and the Selling Shareholders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Conversion Shares include Ordinary Shares
issuable upon conversion of $10,000,000.00 in aggregate principal amount of the Notes and in accruing interest which may be paid by the
Company in Conversion Shares with the written consent of the Selling Shareholders (including Ordinary Shares reserved for potential issuance
in the event of possible future default or dilution adjustments). The Notes are convertible at a conversion price of (i) $30.00 per Ordinary
Share (the &ldquo;Fixed Conversion Price&rdquo;), or (ii) 92% of the lowest daily variable-weighted average price (the &ldquo;VWAP&rdquo;)
per Ordinary Share during the 10 trading days preceding the conversion (the &ldquo;Variable Conversion Price&rdquo;). The Variable Conversion
Price has a floor of $2.50 per Ordinary Share (the &ldquo;Floor Conversion Price&rdquo;). The Fixed Conversion Price has a one-time reset
on the 6-month anniversary following the Closing Date to the lower of (x) the initial Fixed Conversion Price, (y) the initial Variable
Conversion Price, or (z) 130% of the daily VWAP per Ordinary Share on the trading day prior to the reset date. The Notes provide for adjustment
of the Fixed Conversion Price for,&nbsp;<I>inter alia</I>, stock dividends, stock splits, stock combinations, rights offerings, pro rata
distributions of assets, reclassifications of Ordinary Shares, exchanges of Ordinary Shares or substitutions of Ordinary Shares, dilutive
issuances, certain option issuances and issuances of convertible securities. At the Floor Conversion Price, the Notes are convertible
into an aggregate of 4,320,000 Ordinary Shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Warrant Shares include Ordinary Shares issuable
upon exercise of the Warrants (including Ordinary Shares reserved for potential issuance in the event of possible future default or dilution
adjustments). The Warrants are exercisable, immediately upon issuance at the option of the holders, at an exercise price per Ordinary
Share equal to initial Fixed Conversion Price for the Notes ($30.00 per Ordinary Share), subject to a one-time reset on the 6-month anniversary
of the Closing Date to 120% of the daily VWAP per Ordinary Share on the trading day prior to the reset date. Pursuant to the Purchase
Agreement, on the initial Closing Date, the Selling Shareholders were issued the Initial Warrants to purchase up to an aggregate of 245,816
Ordinary Shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">To the extent that Conversion Shares and/or Warrant
Shares are issued by the Company under the terms of the Notes and Warrants, substantial amounts of Ordinary Shares could be issued and
resold, which would cause dilution and may impact the Company&rsquo;s stock price. See &ldquo;Risk Factors&rdquo; and &ldquo;Convertible
Note Financing&rdquo; in the Prospectus for additional information.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">We are not selling any securities under this Prospectus
and will not receive any of the proceeds from the sale of our Conversion Shares or Warrant Shares by the Selling Shareholders. However,
we may receive proceeds from the exercise of the Warrants, which, if exercised in full for an aggregate of 245,816 Ordinary Shares and
for cash at the current $30.00 exercise price per Ordinary Share, would result in gross proceeds to us of approximately $7,374,480.00.
There is no assurance that the Selling Shareholders will elect to exercise any of the Warrants for cash and, accordingly, no assurance
that we will receive any proceeds from the exercise of the Warrants.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">We will pay the expenses of registering the Conversion
Shares and Warrant Shares offered by this Prospectus, but all selling and other expenses incurred by the Selling Shareholders will be
paid by the Selling Shareholders. The Selling Shareholders may sell the Conversion Shares and the Warrant Shares offered by this Prospectus
from time to time on terms to be determined at the time of sale through ordinary brokerage transactions or through any other means described
in this Prospectus under &ldquo;Plan of Distribution.&rdquo; The prices at which the Selling Shareholders may sell the Conversion Shares
or the Warrant Shares will be determined by the prevailing market price for our Ordinary Shares or in negotiated transactions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Our Ordinary Shares are listed on the Nasdaq Capital
Market under the ticker symbol &ldquo;LAES.&rdquo;&nbsp; The last reported sale price of our Ordinary Shares on the Nasdaq Capital Market
on October 23, 2023 was $1.3950 per share.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">This prospectus supplement should be read in conjunction
with, and delivered with, the Prospectus and is qualified by reference to the Prospectus except to the extent that the information in
this prospectus supplement supersedes the information contained in the Prospectus. This prospectus supplement is not complete without,
and may not be delivered or utilized except in connection with, the Prospectus, including any amendments or supplements to it.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Investing in our Ordinary Shares involves risks.
See &ldquo;Risk Factors&rdquo; beginning on page 22 of the Prospectus for a discussion of information that should be considered in connection
with an investment in our Ordinary Shares.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Neither the U.S. Securities and Exchange Commission
(&ldquo;SEC&rdquo;) nor any other regulatory body has approved or disapproved of these securities or passed upon the accuracy or adequacy
of this Prospectus Supplement No. 6. Any representation to the contrary is a criminal offense.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: white">The date of this Prospectus
Supplement is October 24, 2023.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: white; color: #231F20"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: white; color: #231F20">&nbsp;</P>

<HR SIZE="2" NOSHADE ALIGN="CENTER" STYLE="font: normal 400 13.33px Times New Roman, Times, serif; color: black; text-decoration: initial initial; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; white-space: normal; width: 748px">

<P STYLE="color: rgb(0, 0, 0); font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0px">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; color: rgb(0, 0, 0); margin: 0pt 0; text-align: center; text-indent: 0px"><B>UNITED
STATES</B>&nbsp;</P>

<P STYLE="color: rgb(0, 0, 0); font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0px"><B>SECURITIES
AND EXCHANGE COMMISSION</B>&nbsp;</P>

<P STYLE="color: rgb(0, 0, 0); font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0px"><B>WASHINGTON,
DC 20549</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; color: rgb(0, 0, 0); margin: 0pt 0; text-align: center; text-indent: 0px">&nbsp;</P>

<HR SIZE="2" NOSHADE ALIGN="CENTER" STYLE="font: normal 400 13.33px Times New Roman, Times, serif; color: black; text-decoration: initial initial; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; white-space: normal; width: 748px">

<P STYLE="color: rgb(0, 0, 0); font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0px">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; color: rgb(0, 0, 0); margin: 0pt 0; text-align: center; text-indent: 0px"><B>FORM
6-K</B></P>

<P STYLE="color: rgb(0, 0, 0); font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0px">&nbsp;</P>

<HR SIZE="2" NOSHADE ALIGN="CENTER" STYLE="font: normal 400 13.33px Times New Roman, Times, serif; color: black; text-decoration: initial initial; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; white-space: normal; width: 748px">

<P STYLE="color: rgb(0, 0, 0); font: 10pt Times New Roman, Times, Serif; margin: 0pt 1.5pt 0pt 0; text-align: center; text-indent: 0px">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; color: rgb(0, 0, 0); margin: 0pt 1.5pt 0pt 0; text-align: center; text-indent: 0px"><B>Report
of Foreign Private Issuer</B>&nbsp;</P>

<P STYLE="color: rgb(0, 0, 0); font: 10pt Times New Roman, Times, Serif; margin: 0pt 1.5pt 0pt 0; text-align: center; text-indent: 0px"><B>Pursuant
to Rule 13a-16 or 15d-16 under the</B>&nbsp;</P>

<P STYLE="color: rgb(0, 0, 0); font: 10pt Times New Roman, Times, Serif; margin: 0pt 1.5pt 0pt 0; text-align: center; text-indent: 0px"><B>Securities
Exchange Act of&nbsp;1934</B></P>

<P STYLE="color: rgb(0, 0, 0); font: 10pt Times New Roman, Times, Serif; margin: 0pt 1.5pt 0pt 0; text-align: center; text-indent: 0px">&nbsp;</P>

<P STYLE="color: rgb(0, 0, 0); font: 10pt Times New Roman, Times, Serif; margin: 0pt 1.5pt 0pt 0; text-align: center; text-indent: 0px"><B>&nbsp;Date
of report: October 24, 2023</B></P>

<P STYLE="color: rgb(0, 0, 0); font: 10pt Times New Roman, Times, Serif; margin: 0pt 1.5pt 0pt 0; text-align: center; text-indent: 0px">&nbsp;</P>

<P STYLE="color: rgb(0, 0, 0); font: 10pt Times New Roman, Times, Serif; margin: 0pt 1.5pt 0pt 0; text-align: center; text-indent: 0px"><B>Commission
File Number: 001-41709</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; color: rgb(0, 0, 0); margin: 0pt 1.5pt 0pt 0; text-align: center; text-indent: 0px"><B>&nbsp;</B></P>

<HR SIZE="2" NOSHADE ALIGN="CENTER" STYLE="font: normal 400 13.33px Times New Roman, Times, serif; color: black; text-decoration: initial initial; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; white-space: normal; width: 748px">

<P STYLE="font: 10pt Times New Roman, Times, Serif; color: Black; margin: 0pt 0; text-align: center; text-indent: 0px">&nbsp;</P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; color: rgb(0, 0, 0); margin: 0pt 0; text-align: center; text-indent: 0px"><B>SEALSQ&nbsp;CORP</B>&nbsp;</P>

<P STYLE="color: rgb(0, 0, 0); font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0px"><B>(Exact
Name of Registrant as Specified in Charter)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; color: rgb(0, 0, 0); margin: 0pt 0; text-align: center; text-indent: 0px"><B></B>&nbsp;</P>

<HR SIZE="2" NOSHADE ALIGN="CENTER" STYLE="font: normal 400 13.33px Times New Roman, Times, serif; color: black; text-decoration: initial initial; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; white-space: normal; width: 748px">

<P STYLE="color: rgb(0, 0, 0); font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0px"></P>

<P STYLE="color: rgb(0, 0, 0); font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.1pt 0pt 0.05pt; text-align: center; text-indent: 0px">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; color: rgb(0, 0, 0); margin: 0pt 0.1pt 0pt 0.05pt; text-align: center; text-indent: 0px">N/A</P>

<P STYLE="color: rgb(0, 0, 0); font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.1pt 0pt 0.05pt; text-align: center; text-indent: 0px"><B>(Translation
of Registrant&rsquo;s name into&nbsp;English)</B></P>

<P STYLE="color: rgb(0, 0, 0); font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.1pt 0pt 0.05pt; text-align: center; text-indent: 0px">&nbsp;</P>

<HR SIZE="2" NOSHADE ALIGN="CENTER" STYLE="font: normal 400 13.33px Times New Roman, Times, serif; color: black; text-decoration: initial initial; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; white-space: normal; width: 748px">

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="orphans: 2; text-transform: none; widows: 2; font: 10pt Times New Roman, Times, serif; letter-spacing: normal; text-decoration: initial; word-spacing: 0px; width: 748px; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 33%">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>British Virgin Islands</B></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P></TD>
    <TD STYLE="width: 33%">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Avenue Louis-Casa&iuml; 58</B></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>1216 Cointrin, Switzerland</B></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P></TD>
    <TD STYLE="width: 34%; font-size: 10pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>Not Applicable</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt; text-align: center"><FONT STYLE="font-size: 10pt">(State or other jurisdiction of incorporation or organization)</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: center"><FONT STYLE="font-size: 10pt">(Address of principal executive office)</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: center"><FONT STYLE="font-size: 10pt">(I.R.S. Employer Identification No.)</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt; text-align: center">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: center">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: center">&nbsp;</TD></TR>
  </TABLE>
<HR SIZE="2" NOSHADE ALIGN="CENTER" STYLE="font: normal 400 13.33px Times New Roman, Times, serif; color: black; text-decoration: initial initial; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; white-space: normal; width: 748px">

<P STYLE="color: rgb(0, 0, 0); font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0px">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; color: rgb(0, 0, 0); margin: 0pt 0; text-indent: 0px">Indicate by check mark whether
the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:&nbsp;</P>

<P STYLE="color: rgb(0, 0, 0); font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0px">&#9746; Form 20-F&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&#9744; Form 40-F</P>

<P STYLE="color: rgb(0, 0, 0); font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0px">&nbsp;</P>

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<P STYLE="color: rgb(0, 0, 0); font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0px">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; color: rgb(0, 0, 0); margin: 0pt 0; text-indent: 0px"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: rgb(0, 0, 0); text-indent: 0px">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; color: rgb(0, 0, 0); margin: 0pt 0; text-indent: 0px"><B>SEALSQ Transfers Listing
of its Ordinary Shares to Nasdaq Capital Market</B></P>

<P STYLE="color: rgb(0, 0, 0); font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0px">&nbsp;</P>

<P STYLE="color: rgb(0, 0, 0); font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0px">SEALSQ
Corp (Nasdaq: LAES) (the &ldquo;Company&rdquo;), a company that focuses on developing and selling Semiconductors, PKI and Post-Quantum
technology hardware and software products, has received approval from the Listing Qualifications Department of the Nasdaq Stock Market
(&ldquo;Nasdaq&rdquo;) to transfer the listing of its shares from the Nasdaq Global Market to the Nasdaq Capital Market. The Nasdaq Capital
Market is a continuous trading market that operates in substantially the same manner as the Nasdaq Global Market, and listed companies
must meet certain financial and corporate governance requirements. This transfer was effective as of the opening of business on October
20, 2023.</P>

<P STYLE="color: rgb(0, 0, 0); font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0px">&nbsp;</P>

<P STYLE="color: rgb(0, 0, 0); font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0px">This announcement
has no immediate effect on the listing or trading of the Company&rsquo;s ordinary shares. The Company&rsquo;s shares will continue to
trade under the &ldquo;LAES&rdquo; ticker symbol. The approval by Nasdaq was conditioned upon the Company meeting the applicable market
value requirement of publicly held shares for continued listing and all other applicable requirements for listing on the Nasdaq Capital
Market.</P>

<P STYLE="color: rgb(0, 0, 0); font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0px">&nbsp;</P>

<P STYLE="color: rgb(0, 0, 0); font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0px">The transfer
to the Nasdaq Capital Market means the Company is no longer in default of Nasdaq Listing Rules and will continue to monitor its compliance
with the continued listing requirements of the Nasdaq Capital Market.</P>

<P STYLE="color: rgb(0, 0, 0); font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0px">&nbsp;</P>

<P STYLE="color: rgb(0, 0, 0); font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0px; background-color: white"><B>Forward-Looking
Statements</B></P>

<P STYLE="color: rgb(0, 0, 0); font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0px; background-color: white">&nbsp;</P>

<P STYLE="color: rgb(0, 0, 0); font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0px; background-color: white">This
communication expressly or implicitly contains certain forward-looking statements concerning SEALSQ Corp and its businesses. Forward-looking
statements include statements regarding our business strategy, financial performance, results of operations, market data, events or developments
that we expect or anticipates will occur in the future, as well as any other statements which are not historical facts. Although we believe
that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will
prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates
which are inherently subject to significant uncertainties and contingencies, many of which are beyond our control. Actual results may
differ materially from those expressed or implied by such forward-looking statements. Important factors that, in our view, could cause
actual results to differ materially from those discussed in the forward-looking statements include SEALSQ&rsquo;s ability to implement
its growth strategies, SEALSQ&rsquo;s ability to continue beneficial transactions with material parties, including a limited number of
significant customers; market demand and semiconductor industry conditions; and the risks discussed in SEALSQ&rsquo;s filings with the
SEC. Risks and uncertainties are further described in reports filed by SEALSQ with the SEC.</P>

<P STYLE="color: rgb(0, 0, 0); font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0px; background-color: white">&nbsp;</P>

<P STYLE="color: rgb(0, 0, 0); font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0px; background-color: white">SEALSQ
Corp 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.</P>

<P STYLE="color: rgb(0, 0, 0); font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0px; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; color: rgb(0, 0, 0); margin: 0pt 0; text-indent: 0px; background-color: white"></P>

<!-- Field: Page; Sequence: 4 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">2</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; text-align: right; font-size: 8pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: rgb(0, 0, 0); text-indent: 0px; background-color: white">&nbsp;</P>

<P STYLE="color: rgb(0, 0, 0); font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.1pt; text-align: center; text-indent: 0px">SIGNATURES</P>

<P STYLE="color: rgb(0, 0, 0); font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.1pt; text-align: center; text-indent: 0px">&nbsp;</P>

<P STYLE="color: rgb(0, 0, 0); font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 34.95pt">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.</P>

<P STYLE="color: rgb(0, 0, 0); font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 34.95pt">&nbsp;</P>

<P STYLE="color: rgb(0, 0, 0); font: 10pt Times New Roman, Times, Serif; margin: 0pt 23.35pt 0pt 27.05pt; text-indent: 34.95pt">&nbsp;&nbsp;</P>

<P STYLE="color: rgb(0, 0, 0); font: 10pt Times New Roman, Times, Serif; margin: 0pt 23.35pt 0pt 27.05pt; text-indent: 34.95pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="orphans: 2; text-transform: none; widows: 2; font: 10pt Times New Roman, Times, serif; letter-spacing: normal; text-decoration: initial; word-spacing: 0px; width: 748px; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD>Date: October&nbsp;24,&nbsp;2023</TD>
    <TD COLSPAN="2"><B>SEALSQ&nbsp;CORP</B></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 57%">&nbsp;</TD>
    <TD STYLE="width: 4%">&nbsp;</TD>
    <TD STYLE="width: 39%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Carlos Moreira</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Name:&nbsp;&nbsp;&nbsp;Carlos Moreira</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Title:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chief Executive Officer</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Peter Ward</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name:&nbsp;&nbsp;&nbsp;Peter Ward</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Title:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chief Financial Officer</TD></TR>
  </TABLE>

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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
