Sivers IMA is a leading developer and manufacturer of advanced millimeter wave products.
Sivers IMA (Nasdaq First North: SIVE) today announced they have received a design-in order of SEK 1.3 million from their Chinese reseller Matrix Electronic Co. Ltd. to provide products and support services to Matrix’s Chinese end customer. The order paves way for future Chinese volume deployments.
Sivers IMA (Nasdaq First North: SIVE) today announced that its subsidiary, CST Global, has received a follow-up, SEK20 million framework orders from an existing US Fortune 100 customer, extending its leadership in the optical communications market.
Sivers IMA (Nasdaq First North: SIVE) today announced the participation as Silver Sponsor at the 5G World Summit in London June 11-13. Sivers IMA will both conduct live demonstrations in the exhibition and hold a presentation on the main stage.
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The board of directors of Sivers IMA Holding AB (”Sivers IMA” or the ”Company”) has, as communicated in the Company’s press release earlier today, resolved to carry out a directed new share issue of 11,844,582 shares (corresponding to 10 percent of the total number of outstanding shares and votes in the Company) at a subscription price of SEK 6.90 per share. The share issue was over-subscribed with large interest from institutional investors. Through the directed new share issue, Sivers IMA will receive proceeds amounting to SEK 82 million before transaction costs.
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, HONG KONG, JAPAN, SINGAPORE, SOUTH AFRICA, SOUTH KOREA OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR ANY OTHER MEASURES. PLEASE REFER TO IMPORTANT INFORMATION AT THE END OF THE PRESS RELEASE.
Sivers IMA Holding AB (”Sivers IMA” or the ”Company”) today announces its intention of a placement of up to 11,844,582 new shares (corresponding to 10 percent of the total number of outstanding shares and votes in the Company) to institutional investors. Sivers IMA has engaged Pareto Securities AB (”Pareto Securities”) to investigate the conditions for a new share issue through a so-called accelerated bookbuilding.
First quarter 2019
· Operating income for the quarter amounted to SEK 40,536 thousand (25,189), an increase of 61 percent
· Net sales for the quarter amounted to SEK 25,050 thousand (13,073), an increase of 92 percent
· Earnings before depreciation (EBITDA) for the quarter amounted to SEK -5,925 thousand (-14,564)
· Result for the quarter amounted to SEK -20,670 thousand (-24,836)
· Earnings per share amounted to SEK -0.17 (-0.22)
· Equity per share amounted to SEK 1.93 (2.51)
Significant events during the period January-March:
· Sivers IMA AB has signed an agreement with an Eastern European system provider of wireless broadband access.
· Sivers IMA AB has signed a letter of intent for use of its unlicensed 5G products in ultrasound examination applications.
· Sivers IMA AB and Blu Wireless displayed exceptional performance with their licensed 5G solution.
· Sivers IMA AB launched wideband 5G RFIC at Mobile World Congress 2019.
A web-based presentation of the third interim report will be held at 10:00 Wednesday, May 22, 2019. Please register for the webinar via the link: https://attendee.gotowebinar.com/register/8254917096183055884
Sivers IMA (Nasdaq First North: SIVE) today announced that they, together with partners, have sold more than 20 evaluation kits for 5G since the Mobile World Congress (MWC) in February.
Sivers IMA Holding AB (Nasdaq First North: SIVE, Bolaget) today publishes the annual report for the fiscal year 2018. The full report can be found at Sivers IMA’s homepage.
Sivers IMA Holding AB (Nasdaq First North: SIVE) today announced it has commenced a partnership with the Swedish EMS partner NOTE for volume delivery of 5G products.
Sivers IMA Holdings AB (Nasdaq First North: SIVE) wholly-owned subsidiary CST Global today announced that samples of its next generation DFB lasers are now available in standard, TO-56 Can packaging which allows vendors to test products for the next design cycle. The lasers address the fast-growing, XGS-PON part of the Fibre-To-The Home (FTTH) market.