---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-065754"
form_type: "8-K"
ticker: "BYNO"
cik: "0001801417"
company_name: "byNordic Acquisition Corp"
filed_at: "2024-08-06T23:59:59+00:00"
generated_at: "2026-05-31T12:27:45.269094+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# byNordic signs non-binding LOI to merge with Sivers Photonics, targeting AI photonics

## Summary
- LOI signed Aug 6, 2024 to acquire Sivers Photonics from Sivers Semiconductors AB (STO: SIVE).
- Sivers Photonics designs semiconductor lasers for AI data centers; market TAM $5B, SAM up to $1B by 2027.
- Post-closing, Sivers to hold majority ownership; headquarters planned in Silicon Valley, CA.
- Transaction subject to due diligence, financing, regulatory approvals, and shareholder votes.
- Ayar Labs milestone order in 2023; Sivers Photonics has 80 employees, 12 PhDs, and 3 issued patents.

## SEC filing metadata
- accession: 0001213900-24-065754
- form_type: 8-K
- ticker: BYNO
- cik: 0001801417
- company_name: byNordic Acquisition Corp
- filed_at: 2024-08-06T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1801417/000121390024065754/0001213900-24-065754-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1801417/000121390024065754/ea021074202-8k_bynordic.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-065754
- JSON: https://secwatch.observer/filing/0001213900-24-065754.json
- Plain text: https://secwatch.observer/filing/0001213900-24-065754.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.