Joe Doyle

@aleabitoreddit Tldr

$SIVE is nominating two new board members today. It's very highly telling since the newcomers have acquisition backgrounds from: -> Head of M&A at Ericsson / Advisor at Verdane, focusing on M&A / Deutsche Bank. -> CFO from HMS / Axholmen and Celerant Consulting around M&A/strategy. The bull case with $SIVE was to start from the laser source: Then speedrun TAM expansion down the pluggable/CPO stack through IP acquisitions, and use $FN + others for final assembly to keep things capex light. If they want to capture more overall revenue during the CPO/Photonics supercycle, following the $LITE playbook. So, it's a healthy indicator they're heading down the right track nominating two M&A focused people. Only idea to float out is to capital raise with private placement or convertibles with US institutions after NASDAQ listing. Since Swedish markets are still very thin and Sivers can get better terms for larger acquisitions... after new US liquidity reprices of MC/shares on listing. (Sivers has that recent bridge round in the meantime) Larger US institutions are likely interested in entering new very material $SIVE positions as well once Sivers passes some US institutions listing mandates.