Sivers Semiconductors is trading 5.3% down at SEK 40.20 as investors digest substantial dilution from a directed share issue and the conversion of a convertible loan.

  • The company is processing a directed share issue of approximately SEK 600–700 million alongside the conversion of a $12 million loan into 22.8 million new shares.
  • The decline follows a sharp rally fueled by an expanding $799 million opportunity pipeline and U.S. government-related defense orders.
  • Broader volatility across high-valuation semiconductor names is adding further pressure to the stock price.