What you need to know: • Over the past two months, there have been seven takeouts of Canadian small/mid-caps. We think this demonstrates the major disconnect between fundamentals and valuation in the market today which financial and strategic buyers are taking advantage of. • We outline six common characteristics of the acquisitions in order to create a framework for finding the next one and provide a list of stocks that meet the criteria. What’s Going On Here? Over the past two months, we have...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
TORONTO--(BUSINESS WIRE)-- (TSXV:SEV) Spectra7 Microsystems Inc. (“Spectra7” or the “Company”), a leading provider of high-performance analog semiconductor products for broadband connectivity markets, announces that it intends to sell, on a non-brokered private placement basis, in one or more tranches, up to 116,666,667 units (the “Units”) at a price of $0.03 per Unit for gross proceeds of up to $3,500,000 (the “Private Placement”). Each Unit will consist of one common share in the capital of the Company (each, a “Common Share”) and one-half of one common share purchase warrant (each whole war...
SAN JOSE, Calif.--(BUSINESS WIRE)-- (TSX-V:SEV) Spectra7 Microsystems Inc. (“Spectra7” or the “Company”), a leading provider of high-performance analog semiconductor products for broadband connectivity markets, today announces that it has received the consent, by extraordinary resolutions of the holders, to amend certain terms of its existing 7% unsecured convertible debentures (the “Debentures”) pursuant to a first supplemental debenture indenture. All dollar amounts referenced in this release are in Canadian dollars. Pursuant to the first supplemental debenture indenture, the maturity date ...
SAN JOSE, Calif.--(BUSINESS WIRE)-- (TSX-V:SEV) Spectra7 Microsystems Inc. (“Spectra7” or the “Company”), a leading provider of high-performance analog semiconductor products for broadband connectivity markets, today announced its financial results for the three month period ended September 30, 2020. A copy of the unaudited consolidated financial statements for the three and nine months ended September 30, 2020 prepared in accordance with International Financial Reporting Standards and the corresponding management’s discussion and analysis (“MD&A”) are available under the Company’s profile on ...
SAN JOSE, Calif.--(BUSINESS WIRE)-- (TSX-V:SEV) Spectra7 Microsystems Inc. (“Spectra7” or the “Company”), a leading provider of high-performance analog semiconductor products for broadband connectivity markets, today announced the GC2802 IC to support longer reach data center server interconnect applications. In 2019, The Worldwide Data Center Server market size was USD 42,630 million and it is expected to reach USD 58,810 million by the end of 2026.1 The majority of this growth is driven by demand from Hyperscalers. New Artificial Intelligence (AI) and Machine Learning (ML) architectures ar...
SAN JOSE, Calif.--(BUSINESS WIRE)-- (TSX-V:SEV) Spectra7 Microsystems Inc. (“Spectra7” or the “Company”), a leading provider of high-performance analog semiconductor products for broadband connectivity markets, today announced three new reference designs targeted at new server connectivity needs implementing 56Gbps PAM4 signaling on Ethernet Network Interface Cards (NICs). The leading suppliers of these cards, Nvidia, Broadcom and Intel, are all gearing up to release new products using this higher speed signaling. The data center Ethernet NIC market revenue is set to grow 28 percent in 2020 w...
SAN JOSE, Calif.--(BUSINESS WIRE)-- (TSX-V:SEV) Spectra7 Microsystems Inc. (“Spectra7” or the “Company”), a leading provider of high-performance analog semiconductor products for broadband connectivity markets, today announced that it has entered into a term sheet with a requisite percentage of debenture holders setting out the Company’s intention to amend certain terms of its existing $12.775 million 7% unsecured convertible debentures (the “Debentures”) due to mature in January 2021. All dollar amounts referenced in this release are in Canadian dollars. Pursuant to the term sheet, the matur...
SAN JOSE, Calif.--(BUSINESS WIRE)-- (TSX-V:SEV) Spectra7 Microsystems Inc. (“Spectra7” or the “Company”), a leading provider of high-performance analog semiconductor products for broadband connectivity markets, today announced that Molex has achieved Production Ready status with Spectra7 enabled 400Gbps Active Copper Cables (ACCs). First customers and deployments for 400Gbps ACCs are expected in North America. "Spectra7 has created a compelling solution to address the dramatically increasing power and cost of data center interconnects," said Chad Jameson, General Manager, IO Solutions at Mole...
SAN JOSE, Calif.--(BUSINESS WIRE)-- (TSX-V:SEV) Spectra7 Microsystems Inc. (“Spectra7” or the “Company”), a leading provider of high-performance analog semiconductor products for broadband connectivity markets, today announced its entry into the 5G mobile infrastructure market. The Company’s new GC2801 product will support extended temperature range requirements for ruggedized outdoor 5G network deployments. The 5G infrastructure market is estimated to be valued at USD 784 million in 2019 and is projected to reach USD 48 billion by 2027, at a compounded annual growth rate of 67.1%. Major grow...
SAN JOSE, Calif.--(BUSINESS WIRE)-- (TSX-V:SEV) Spectra7 Microsystems Inc. (“Spectra7” or the “Company”), a leading provider of high-performance analog semiconductor products for broadband connectivity markets, today announced that Tencent demonstrated 200Gbps and 400Gbps Active Copper Cables (ACCs) enabled by Spectra7’s technology at China’s Open Data Center Committee (ODCC) conference held in September in Beijing. Tencent recently completed qualification of these 200Gbps Spectra7 enabled cables and has now begun an initial trial run network deployment. Tencent is already using Spectra7 enab...
SAN JOSE, Calif.--(BUSINESS WIRE)-- (TSX-V:SEV) Spectra7 Microsystems Inc. (“Spectra7” or the “Company”), a leading provider of high-performance analog semiconductor products for broadband connectivity markets, today announced that Luxshare will evaluate on next generation 800Gbps Active Copper Cable (ACC) interconnects using Spectra7’s new GC1122 solution. “Spectra7 has created a compelling solution to address the dramatically increasing power and cost of data center interconnects. We are seeing significant interest from our largest customers for 800Gbps ACCs,” said Jinhua Chen, Enterprise G...
SAN JOSE, Calif.--(BUSINESS WIRE)-- (TSX-V:SEV) Spectra7 Microsystems Inc. (“Spectra7” or the “Company”), a leading provider of high-performance analog semiconductor products for broadband connectivity markets, today announced that Foxconn Interconnect Technology, Inc. (Foxconn) a leading supplier of interconnect solutions will support next generation 800Gbps Active Copper Cable (ACC) interconnects using Spectra7’s new GC1122 solution. “Spectra 7 is a key player in the active copper cable market and Foxconn Interconnect Technology has confidently adopted Spectra7 solutions as a fundamental co...
SAN JOSE, Calif.--(BUSINESS WIRE)-- (TSX-V:SEV) Spectra7 Microsystems Inc. (“Spectra7” or the “Company”), a leading provider of high-performance analog semiconductor products for broadband connectivity markets, today announced that Molex will support next generation 800Gbps Active Copper Cable (ACC) interconnects using Spectra7’s new GC1122 solution. "Spectra7 has created a compelling solution to address the dramatically increasing power and cost of data center interconnects," said Chad Jameson, General Manager, IO Solutions at Molex. “We are seeing significant interest from our largest custo...
SAN JOSE, Calif.--(BUSINESS WIRE)-- (TSX-V:SEV) Spectra7 Microsystems Inc. (“Spectra7” or the “Company”), a leading provider of high-performance analog semiconductor products for broadband connectivity markets, today announced the GC1122 IC to support the next generation data rates of 112Gbps using PAM4 signaling that is required for 800Gbps connections. At these rates, Active Copper Cables (“ACCs”) are anticipated to be deployed for up to 50% of data center network connections. “Customers continue to demand copper as they are quickly moving to next-generation 25.6 Tbps and 800G switching sol...
TORONTO--(BUSINESS WIRE)-- (TSXV:SEV) Spectra7 Microsystems Inc. (“Spectra7” or the “Company”), a leading provider of high-performance analog semiconductor products for broadband connectivity markets, announces that it has closed the final tranche of its previously announced non-brokered private placement (the “Private Placement”). The second and final tranche of the Private Placement consisted of the issuance of 16,677,920 units (the “Units”) at a price of $0.025 per Unit for gross proceeds of $416,948. Spectra7 also announces that it has entered into an agreement pursuant to which the Compa...
SAN JOSE, Calif.--(BUSINESS WIRE)-- (TSX-V:SEV) Spectra7 Microsystems Inc. (“Spectra7” or the “Company”), a leading provider of high-performance analog semiconductor products for broadband connectivity markets, today announced its financial results for the three month period ended June 30, 2020. A copy of the unaudited interim consolidated financial statements for the three and six months ended June 30, 2020, prepared in accordance with International Financial Reporting Standards and the corresponding management’s discussion and analysis (“MD&A”) will be available under the Company’s profile o...
TORONTO--(BUSINESS WIRE)-- (TSXV:SEV) Spectra7 Microsystems Inc. (“Spectra7” or the “Company”), a leading provider of high-performance analog semiconductor products for broadband connectivity markets, announces that it now expects to complete the second and final tranche of its previously announced $1,000,000 non-brokered private placement (the “Private Placement”) of up to 40,000,000 units (“Units”) on or before September 25, 2020. The first tranche of the private placement closed on July 15 and consisted of the issuance of 21,046,904 Units for gross proceeds of $526,173. Each Unit consists...
TORONTO--(BUSINESS WIRE)-- (TSXV:SEV) Spectra7 Microsystems Inc. (“Spectra7” or the “Company”), a leading provider of high-performance analog semiconductor products for broadband connectivity markets, announces that it expects to complete the second and final tranche of its previously announced $1,000,000 non-brokered private placement (the “Private Placement”) of up to 40,000,000 units (“Units”) on or before August 21, 2020. The first tranche of the private placement closed on July 15 and consisted of the issuance of 21,046,904 Units for gross proceeds of $526,173. Each Unit consists of one...
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