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Sivers Semiconductors (SIVEF) announced that the Board has cancelled the Extraordinary General Meeting scheduled for 15 December 2025 after Achilles Capital AB withdrew its request for the meeting.
The company said it had informed Achilles on November 17, 2025 that Achilles had not met the 10% ownership threshold and requested proof, which has not been provided to date. The Nomination Committee (except the member appointed by Achilles) and the Board did not support Achilles' proposed change, and the company reports significant shareholder support for the Nomination Committee's position. The Board concluded there is no longer a basis to hold the meeting and said no further action is required from shareholders.
