Sivers IMA: Strengthened cash position

Research Note

2019-06-05

09:31

Yesterday, Sivers IMA conducted a directed share issue yielding SEK 82m before transaction costs. It will thereby bring much-needed cash allowing the company to handle new customer requests and continued investments in its next-gen products. We have updated our model based on the transaction which, however, has a limited effect on our fair value range that remains unchanged.

DB

Dennis Berggren

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