Sivers Semiconductors is trading 9.5% down today at SEK 32.20 following a sharp recent rally and news of significant share dilution.
- The company completed a SEK 700 million directed share issue at SEK 57 per share and saw a $12 million convertible loan converted into 22.8 million new shares, adding approximately 6.4% dilution.
- Broader semiconductor stocks fell today as investors expressed concerns over rising capital expenditure requirements across the industry.