Sivers Semiconductors: Hats off – SEK700m raised on favourable terms - Redeye

Sivers has raised SEK700m at SEK57 per share, with a mere 3.3% dilution, in a multiple times oversubscribed book. Management has used an appreciated share price to raise substantial growth capital on favourable terms, a value-accretive outcome that materially de-risks the investment case. We upgrade our Financial rating from 2 to 3 following the materially strengthened balance sheet, lower our WACC to 12%, and raise our Base Case to SEK6.8.

Länk till analysen i sin helhet: https://www.redeye.se/research/1173045/sivers-semiconductors-hats-off-sek700m-raised-on-favourable-terms?utm_source=finwire&utm_medium=RSS