Svmuu News: Serenity, known as the “White-Haired Stock Guru,” posted on X that Sivers Semiconductors (SIVE) has completed a 700 million Swedish krona capital raise. The round was “several times oversubscribed,” and the fundraising amount was slightly increased from the original target. The funds raised in this round will primarily be used to expand production capacity for InP (indium phosphide) lasers and optical amplifiers, driving the company’s transition to a “fab-light” model to ramp up production.
Serenity noted that this financing round suggests SIVE may have reached a critical inflection point for scaling up its operations. The round was priced at 57 Swedish kronor per share, while the current stock price is approximately 63 Swedish kronor—close to the market price—which helps provide price support. The influx of institutional capital not only reduces the risk on SIVE’s balance sheet but also provides financial support for its transition to the high-volume manufacturing (HVM) phase.