TechFlow News, May 31: “New Stock God” Serenity posted on X, apparently responding to the potential investigation into Sivers, stating that Sivers (SIVE) should fully transform into a U.S. company—with Nasdaq listing as the first step—given its existing U.S. capital structure, significant equity stake held by U.S. investors, and support under the CHIPS Act. Such a transformation would yield higher valuation premiums and greater merger-and-acquisition opportunities. Meanwhile, negative reporting by Swedish local media—reportedly influenced by short sellers—is hindering the development of AI photonics, whereas the U.S. market offers broader financing avenues and stronger institutional, fund, and index support.
Serenity also advised Sivers to retain its European operations as a subsidiary, managed centrally by the U.S. parent company, ultimately positioning itself as a leading U.S. optical communications enterprise—not merely one explaining its value solely within the Swedish market. Additionally, Serenity hinted that Sivers’ management may already be pursuing the ambition of turning Sivers into the next U.S.-based photonics giant, akin to Lumentum (LITE).
Earlier reports indicated that Swedish prosecutors suspect information leakage led to premature disclosure of rumors about Sivers’ (SIVE) dual listing, triggering abnormal stock price movements; they have also recommended that Nasdaq launch a related investigation.
