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"New Stock God" Serenity allegedly responds to Sivers' potential investigation: Sivers should pivot to become an American company, retaining its European subsidiary to expand into the photonics market
Deep Tide TechFlow News, May 31 — "New Stock God" Serenity posted on the X platform, seemingly responding to the potential investigation of Sivers. It stated that Sivers (SIVE) should fully transform into an American company and take NASDAQ listing as the first step, because the company already has the American capital structure and a large proportion of equity, supported by the CHIPS Act. The transformation could bring higher valuation premiums and acquisition opportunities. Negative reports from Swedish local media influenced by short sellers are unfavorable for the development of AI photonics. The US market can provide more financing opportunities, as well as institutional, fund, and index support.
Serenity also suggested that Sivers retain its European business as a subsidiary, managed by the US parent company, ultimately becoming a leading US optical communications company, rather than just explaining its value in the Swedish market. Additionally, it hinted that Sivers' management may have already begun seeking to turn Sivers into the next US photonics giant similar to Lumentum (LITE).
Earlier reports indicated that Swedish prosecutors suspected that information leaks led to the premature exposure of Sivers (SIVE)’s dual listing rumors, causing stock price fluctuations, and also recommended that NASDAQ initiate a related investigation.