Sivers Semiconductors’ Lender Bootstrap Europe Exercises Conversion Right Under Existing Convertible Loan
Press ReleaseKista, July 3, 2026 Bootstrap Europe IV SCSp. (“Bootstrap”) will convert the convertible loan of $12M into shares in Sivers Semiconductors AB (publ) (“Sivers” or the “Company”). The Board of Directors has consequently resolved to issue 22,847,044 new ordinary shares to Bootstrap. Background As announced on February 24, 2026, Sivers Semiconductors refinanced all its existing, external debt facilities, securing a loan facility in the aggregate amount of $17M with Bootstrap. The loan facility included, inter alia, a fixed rate secured convertible loan of $12M.