#Sweden #Sivers Semiconductors #Stockholm #Vickram Vathulya #Directed Share Issue

Sivers Semiconductors Plans Directed Share Issue to Boost Growth

Sivers Semiconductors AB (publ), a leading player in advanced wireless and laser solutions, has made an announcement regarding their upcoming directed issue of ordinary shares. This initiative, expected to raise approximately SEK 90 million, targets both Swedish and international institutional investors as well as other qualified entities, leveraging an accelerated book-building method. The shares will be issued under the oversight of Pareto Securities AB, designated as the Sole Manager and Bookrunner for this process.

Strategic Rationale for the Share Issue

The company, under the leadership of CEO Vickram Vathulya, has reportedly gained significant traction in high-growth segments like SATCOM and AI data centers. The decision to pursue this directed share issue aligns with Sivers' strategy to capitalize on emerging market opportunities and further solidify its competitive edge.

The primary allocation of the funds obtained through this initiative will be aimed at three main areas:
1. Research and Development (R&D) and Go-to-Market Acceleration: About 60% of the proceeds will go towards enhancing R&D efforts to expedite new product launches and improve the commercialization pipeline.
2. Strategic Investments: Approximately 20% of the funds will be allocated to strengthening product capabilities and enhancing the talent pool necessary to boost customer value.
3. Capital Structure Optimization: The remainder will be devoted to enhancing the company's balance sheet to ensure sustainable growth and financial flexibility.

Implementation and Market Conditions

The share subscription price will be defined during the book-building procedure, which begins immediately upon the publication of the announcement and is expected to be completed before trading begins on Nasdaq Stockholm on September 19, 2025. The specifics regarding the total number of shares and their allocation will be based on consultations between Sivers Semiconductors and the manager.

In a bid to attract institutional investment, the board has opted to deviate from the traditional pre-emptive rights of existing shareholders, prioritizing liquidity and market responsiveness over the lengthy timeline of a rights issue. This decision has been underpinned by thorough assessments emphasizing the immediate need for capital amidst challenging market conditions.

Future Commitments and Lock-Up Period

To ensure stability post-issue, Sivers Semiconductors has agreed to a lock-up agreement, preventing share issuances for 180 days post-completion of the share issue. Key members of the management team, including the CEO and other board members, have also committed to refrain from selling any shares for 90 days to foster trust and stability in the market.

With this bold move, Sivers Semiconductors aims to position itself not only as a significant entity within the semiconductor sector but also as a pivotal contributor to a greener and more efficient data economy. Their commitment to innovative solutions that address performance challenges while minimizing environmental impact is expected to resonate well with both new and existing investors.

For further details or inquiries, please contact CFO Heine Thorsgaard at Sivers Semiconductors.

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