On March 11, 2024, Sivers Semiconductors AB amended and closed the transaction. The company received convertible loan for gross proceeds of SEK 35 million at a fixed conversion rate of SEK 4.86 and SEK 15 million loan from returning new investor Formue Nord A/S. The loan is convertible into ordinary shares. The transaction has been approved by the board of the company.

The loan will mature on may 30, 2025.