Serenity’s move directly turned Sweden’s hometown into a subsidiary—does Nasdaq really count as the real parent?

The Swedish prosecutor recommends investigating the rumors of SIVE going public. Serenity responded on the X platform, claiming that Sivers has fully transitioned into an American company, planning to go public on Nasdaq first, and leveraging the U.S. capital structure and the CHIPS Act to achieve higher valuations; at the same time, they believe that the negative reports in Sweden are influenced by short sellers, which is not conducive to the development of AI photonics, and that the U.S. market can provide more financing and institutional support. Serenity also suggests keeping the European business as a subsidiary, managed by the U.S. parent company, striving to build Sivers into a U.S. photonics giant similar to Lumentum, and that the management may already be pushing for the transition.