Woofun AI reports that Sivers Semiconductors (SIVE) has updated its U.S. stock listing terminology from "evaluation" to "to be completed," signaling progress ahead of market expectations. The CEO confirmed in a private placement announcement the intent to finalize the Nasdaq listing within the coming quarters, moving from conceptual stages to execution confirmation.

This development contrasts with an April statement that merely cited "evaluating a dual listing." The private placement raised approximately 700 million Swedish Krona, designated for capacity expansion, balance sheet strengthening, and accelerated R&D. Previously, Sivers announced the evaluation of a dual listing on Nasdaq New York, upgraded audits to PCAOB standards, and delayed its annual report release. Based on the stated timeline, the listing window is estimated to occur between late 2026 and early 2027.