#Sweden #Sivers Semiconductors #Stockholm #Vickram Vathulya #SEK 95 million

Sivers Semiconductors Successfully Completes Directed Share Issue

Sivers Semiconductors AB, a noted entity in the field of advanced wireless and laser solutions, has announced the successful completion of a directed share issue amounting to approximately SEK 95 million. This move is aimed at bolstering their presence in high-growth sectors such as SATCOM and AI datacenters. The announcement comes after the recent approval from the Annual General Meeting held on May 28, 2025.

Key Highlights of the Share Issue

The share issue involved the issuance of 25,675,675 ordinary shares, priced at SEK 3.70 per share. This subscription price reflects an approximate 9.8% discount on the average market price on Nasdaq Stockholm from the day before the announcement. The transaction was conducted through an accelerated bookbuilding process, guided by Pareto Securities AB, showcasing both local and international institutional investor interest.

Among the participants in this share issue were members of the company's board and management, including CEO Vickram Vathulya, emphasizing internal confidence in the company's future direction. Notably, a portion amounting to about SEK 2 million was contributed by these board members and management personnel, further solidifying their commitment.

Rationale Behind the Share Issue

The primary motivation behind this capital raise lies in Sivers' strategic shift towards more assertive growth in cutting-edge technology markets. With investments set aside for various key areas, approximately 60% of the raised funds will be allocated toward enhancing research and development (R&D) initiatives and accelerating go-to-market strategies. This move is expected to expedite new product launches and commercialize existing pipeline projects effectively.

A further 20% of the total will be diverted towards strategic investments to boost product capabilities and enhance the organization’s talent pool, ultimately increasing competitive advantage. Additionally, 20% will focus on optimizing the company's capital structure to ensure long-term financial stability, fundamentally reinforcing Sivers' market standing and operational resilience.

Lock-Up Agreements and Future Outlook

Accompanying this directed share issue is a lock-up undertaking that restricts share issuance for 180 days and prevents immediate trading of shares by key stakeholders for 90 days post-issue closure. This strategic approach is anticipated to provide a stable foundation as Sivers advances its operational goals.

Through this issue, Sivers’ share capital sees an increase from SEK 142.8 million to SEK 155.6 million, accordingly raising the total number of outstanding shares to 311 million. Existing shareholders will experience a dilution of approximately 8.2% of their capital, reflecting the necessary sacrifices for anticipated growth.

Conclusion

As Sivers Semiconductors continues to navigate the dynamic landscape of technological advancements, this directed share issue marks a pivotal step in the company’s journey. With a robust cash foundation and a clear roadmap ahead, Sivers is positioned to capitalize on emerging opportunities in the sector, ensuring sustainable growth and innovation for the future. The company is under the management of distinguished individuals committed to fostering advancements in greener technology solutions.

For additional information and insights, stakeholders and interested parties can visit Sivers Semiconductors.