Sivers Semiconductors is trading 10.65% up now at €2.70 after announcing an agreement of intent to merge its Sivers Photonics subsidiary with Nordic Acquisition Corporation.
- The proposed transaction would create a separately listed photonics company; Sivers would retain a controlling stake and UK manufacturing operations.
- Completion remains subject to due diligence, regulatory approval, and definitive agreements.
- The announcement provides a clear company-specific catalyst behind the September 17, 2026 advance, although broader risk-on sentiment may also support technology shares.