Sivers Semiconductors shareholders approve new auditor and stock option plan

what happened

According to TradingView, the extraordinary general meeting of Sivers Semiconductors AB held on 22 October 2026 replaced Deloitte AB with Ernst & Young AB as auditor until the next annual general meeting.

The meeting also approved a long-term incentive program, P11, for employees in the United States, Scotland, Sweden, India and China. It covers up to 7,280,000 stock options, about 2.0% of shares and votes after dilution. The options are free of charge, carry no performance conditions and can be exercised between the third and sixth anniversary of grant at 110% of the five-day volume-weighted average price before the grant date.

The board was also authorised to issue up to 7,280,000 Series C shares to a bank or securities firm, repurchase Series C shares and transfer ordinary shares to cover social security charges tied to the incentive programs.

why it matters

For investors this is mostly housekeeping: the incentive plan and possible dilution amount to roughly 2% of capital, and an auditor change rarely moves the stock. The news is unlikely to have a notable market effect.

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