Sivers Semiconductors has been approved for listing on Nasdaq Stockholm and publishes prospectus
Nasdaq Stockholm's listing committee has today approved Sivers Semiconductors AB (publ) (“Sivers Semiconductors”)’s application of admission of Sivers Semiconductors shares to trading on Nasdaq Stockholm main market, subject to the fulfilment of certain customary conditions. In light of the list change, Sivers Semiconductors has prepared and today published a prospectus, which has been approved and registered by Swedish Financial Supervisory Authority (the “SFSA”). The first day of trading on Nasdaq Stockholm main market is scheduled for Thursday June 10, 2021 and the last day of trading on Nasdaq First North Growth Market is scheduled for Wednesday June 9, 2021.
About the list change
The first day of trading on Nasdaq Stockholm main market is scheduled for Thursday June 10, 2021. The shares will be traded in the Mid Cap segment under the same ticker (SIVE) and ISIN code (SE0003917798). There will not be any offer or issue of new shares in connection with the list change. Shareholders of Sivers Semiconductors will not need to take any action in connection with the list change.
Sivers Semiconductor's shares have been listed on the Nasdaq First North Growth Market since November 30, 2017. Prior to that, the shares were listed on Spotlight Stock Market. The last day of trading in Sivers Semiconductors shares on Nasdaq First North Growth Market is scheduled for Wednesday, June 9, 2021.
"The listing on Nasdaq Stockholm main market is a quality stamp and an important milestone for us. It is another important piece of the puzzle in our continued expansion and development of the company as it contributes to an increased awareness of our business. The listing strengthens our profile and our brand both with our customers and with investors, which means that we have increased access to the Swedish and international capital markets. In addition, our ability to attract and retain qualified employees increases. All in all, the listing is an important part of creating increased long-term shareholder value", said Anders Storm, Group CEO of Sivers Semiconductors.
Prospectus
For complete information of the expected list change from Nasdaq First North Growth Market to Nasdaq Stockholm main market, please refer to the prospectus that has been prepared by Sivers Semiconductors and as of today been approved and registered by the SFSA. The prospectus is available on Sivers Semiconductor's website (www.sivers-semiconductors.com) and on SFSA's website (www.fi.se).
Advisor
Setterwalls Advokatbyrå is legal advisor to Sivers Semiconductors in connection with the listing on Nasdaq Stockholm.
For more information please contact:
Anders Storm, Group CEO Tel: +46 70 262 6390
E-mail: anders.storm@sivers-semiconductors.com
Sivers Semiconductors is listed on Nasdaq First North Growth Market in Stockholm.
The company's Certified Adviser is Erik Penser Bank, +46 8 463 83 00, certifiedadviser@penser.se.
Sivers Semiconductors AB is a leading and internationally recognized technology company that, through its two business areas Wireless and Photonics, supplies chips and integrated modules. Wireless develops RF chips and antennas for advanced 5G systems for data and telecommunications networks. Photonics develops and manufactures semiconductor-based optical products for optical fiber networks, sensors and optical fiber communications (Li-Fi). The company is listed on Nasdaq First North Growth Market Stockholm under SIVE. The head office is located in Kista, Sweden. For more information: www.sivers-semiconductors.com.