Sivers Semiconductors is trading 10.3% up at $3.52 after announcing a proposed transaction involving Sivers Photonics and Nordic Acquisition Corporation.
- The deal would create a separately public photonics company focused on AI infrastructure and sensor applications.
- Sivers would retain a controlling stake; completion remains subject to due diligence and regulatory approval.
- No trading-volume data was available, but the announcement provides a clear company-specific catalyst.