Notice to attend the Extraordinary General Meeting of Sivers Semiconductors AB (publ)
Notice to attend the Extraordinary General Meeting of Sivers Semiconductors AB (publ) |
| [16-May-2025] |
NEW YORK, May 16, 2025 /PRNewswire/ -- The shareholders of Sivers Semiconductors AB (publ) (the "Company"), reg. no. 556383-9348, are hereby invited to attend the Extraordinary General Meeting to be held on Monday, 9 June 2025 at 3.00 pm at the Company's premises at Torshamnsgatan 48 in Kista, Sweden. The Board of Directors has decided that shareholders also have the opportunity to exercise their voting rights by postal voting prior to the Meeting. Right to participate and notice of participation at the Meeting Shareholders who wish to attend the Extraordinary General Meeting must:
Right to participate and notice by postal voting Shareholders who wish to participate in the Extraordinary General Meeting by postal voting must:
A special form must be used for the postal vote. The form for postal voting is available on the Company's website, www.sivers-semiconductors.com. Completed and signed forms for postal voting can be sent via mail to the address Setterwalls Advokatbyrå AB, att: Niclas Töreki, Box 1050, 101 39 Stockholm or by email to niclas.toreki@setterwalls.se. Shareholders may not provide special instructions or conditions in the postal vote. If so, the entire postal vote is invalid. Further instructions and conditions may be found in the postal voting form. A shareholder who has voted by post may also attend the Meeting venue, provided that a notification has been made in accordance with the instructions under the heading "Right to participate and notice of participation at the Meeting" above. This means that postal voting does not constitute a notification also to attend the Meeting at the Meeting venue. Nominee registered shares To be entitled to participate in the Extraordinary General Meeting at the Meeting venue or by postal voting, shareholders whose shares are held in the name of a nominee must, in addition to providing notification of their participation in the Extraordinary General Meeting, re-register the shares in their own name so that the shareholders are registered in the share register on the record date on Wednesday 28 May 2025. This re-registration may be temporary (so-called "voting right registration") and is carried out through the nominee according to their procedures at a time predetermined by the nominee. Voting rights registration that has been completed by the nominee no later than 2 June 2025, are considered when preparing the share register. Voting rights registration can commence no earlier than Friday 23 May 2025. Proxies If shareholders wish to attend the Extraordinary General Meeting at the venue or by postal voting through a proxy, a written and dated power of attorney signed by the shareholder must be enclosed with the notification. The power of attorney form is available on the Company's website www.sivers-semiconductors.com. If the shareholder is a legal entity, a registration certification or an equivalent authorisation document must be enclosed along with the notification. Number of shares and votes As per 16 May 2025, there are a total of 285,657,897 shares corresponding to 272,338,958.1 votes in the Company, comprising 270,859,076 ordinary shares and 14,798,821 shares of series C. The Company owns 1,500,000 ordinary shares 14,798,821 shares of series C which may not be represented at the Meeting. Shareholders' right to request information The shareholders are reminded of their right, in accordance with Chapter 7 Section 32 of the Swedish Companies Act (2005:551), to request information from the Board and the CEO at the Meeting. For information on how personal data is processed, see: Proposal for agenda
Election of Chairman of the Meeting (item 1) The Board of Directors proposes that Attorney at law Jörgen S. Axelsson is elected as Chairman of the Meeting. Approval of the Board of Directors' resolution on a directed new issue of warrants (item 6) The Board of Directors proposes that the Extraordinary General Meeting resolves to approve the Board of Directors' resolution from 15 May 2025, on a directed new issue of warrants on the following terms:
The reasons for initiating the warrant program and deviating from the shareholders' preferential rights are that the Company has taken out new debt financing, under which the lender is to receive warrants. It was noted that the documents required under Chapter 14, Section 8 of the Swedish Companies Act had been duly presented. For a resolution pursuant to this item 6 to be valid, it must be supported by shareholders representing at least two-thirds of both the votes cast and the shares represented at the meeting. The Board shall be authorized to make any minor formal adjustments to the resolution that may prove necessary in connection with its registration with the Swedish Companies Registration Office. A resolution pursuant to this item 6 is only valid if approved by shareholders representing at least two thirds of the votes cast as well as the shares represented at the General Meeting. Documents Documents to be handled at the Meeting are available to shareholders at the Company's head office at the address Torshamnsgatan 48 in Kista, Sweden and on the Company's website www.sivers-semiconductors.com. Copies of the documents will be sent free of charge to shareholders who so request and who provide their mailing address. Kista in May 2025 For more information please contact: CEO, Sivers Semiconductors About Sivers Semiconductors We are Critical Enablers of a Greener Data Economy with Energy Efficient Photonics & Wireless Solutions. Our differentiated high precision laser and RF beamformer technologies help our customers in key markets such as AI Data Centers, SATCOM, Defense and Telecom solve essential performance challenges while enabling a much greener footprint. Visit us at: www.sivers-semiconductors.com. (SIVE.ST) This information was brought to you by Cision http://news.cision.com The following files are available for download:
SOURCE Sivers Semiconductors | ||||
Company Codes: Bloomberg:SIVE@SS, ISIN:SE0003917798, RICS:SIVE.ST, Stockholm:SIVE |
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