SCT Sivers to spin off Photonics subsidiary as NASDAQ-traded firm with Silicon Valley HQ

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SCT Sivers to spin off Photonics subsidiary as NASDAQ-traded firm with Silicon Valley HQ

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Sivers Semiconductors AB of Kista, Sweden (which supplies ICs and photonic modules for communications and sensor solutions) has entered into a non-binding letter of intent (LOI) to merge its subsidiary Sivers Photonics Ltd of Glasgow, Scotland, UK with byNordic Acquisition Corp, a publicly traded special purpose acquisition company (SPAC)...

Source: https://www.semiconductor-today.com/new ... 0824.shtml
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