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Woofun AI reports that Sivers Semiconductors (SIVE) has finalized a capital increase financing of 700 million Swedish kronor. The round was significantly oversubscribed and slightly increased from the initial target, with proceeds allocated primarily to expanding production capacity for Indium Phosphide (InP) lasers and optical amplifiers. This expansion supports the company’s capacity ramp-up within a fab-light operational model.
The shares were issued at 57 SEK, compared to a current trading price of approximately 63 SEK. Institutional participation in this round reduces balance sheet risk and provides necessary financial backing for SIVE’s transition toward High-Volume Manufacturing (HVM).