byNordic Acquisition Corporation Signs Letter of Intent for Business Combination with Sivers Semiconductors' Wholly Owned Photonics Subsidiary
BYNObyNordic Acquisition (BYNO) Newsfilter·2024-08-07 04:30

NEW YORK, Aug. 06, 2024 (GLOBE NEWSWIRE) -- byNordic Acquisition Corporation (("byNordic", NASDAQ:BYNO), a publicly traded special purpose acquisition company, has signed a non-binding Letter of Intent (LOI) with Sivers Semiconductors AB ("Sivers", STO: SIVE), a leading supplier of wireless and photonic integrated chips and modules for communications and sensor solutions, to merge its wholly owned Sivers Photonics Ltd subsidiary ("Sivers Photonics") with byNordic. Sivers Photonics designs and manufactures a ...