Sivers Semiconductors increases total shares and votes
The increase results from a directed share issue of 12,280,701 shares and conversion of a convertible loan of 22,847,044 shares.
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Semiconductor company specializing in mmWave and photonics
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In short: Sivers reported record Q3 revenues while navigating a complex Nasdaq dual-listing process that required significant financial restatements.
The increase results from a directed share issue of 12,280,701 shares and conversion of a convertible loan of 22,847,044 shares.
Bootstrap Europe exercises conversion right, issuing 22.8 million new shares, reducing debt.
The proceeds will expand manufacturing capacity for InP lasers and optical amplifiers, supporting AI datacenters and automotive LIDAR, and strengthen the balance sheet.
The funds will expand InP laser production for AI datacenters and LIDAR, plus field resources and R&D.
Sivers Semiconductors AB stock grades by Barron's. View SIVEF fundamental and sentiment analysis powered by MarketGrader.
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