Welcome to our dedicated page for Sequans Communications S A news (Ticker: SQNS), a resource for investors and traders seeking the latest updates and insights on Sequans Communications S A stock.
Sequans Communications S.A. (NYSE: SQNS) is a fabless semiconductor company specializing in 4G/5G cellular IoT technology and a self-described pioneer in Bitcoin treasury. The SQNS news page on Stock Titan aggregates company announcements, press releases, and market updates so readers can follow how Sequans develops its IoT semiconductor platforms and manages its Bitcoin-focused treasury strategy.
In its news flow, Sequans regularly highlights technology partnerships and design wins, such as selections of its Calliope 2 LTE Cat 1bis and Monarch LTE-M/NB-IoT platforms for embedded cellular modem solutions and zero-energy IoT infrastructure monitoring. These items help investors and industry observers see where Sequans’ platforms are being adopted across applications like smart cities, industrial IoT, transportation, healthcare, and critical infrastructure.
Sequans news also covers capital markets and corporate actions, including ADS repurchase programs, equity private placements, and the use of Bitcoin holdings to redeem a portion of its convertible debt. The company has issued releases on topics such as redeeming 50% of its convertible debt through Bitcoin sales, updating its buyback programs, and reporting preliminary quarterly financial results that include both IFRS and non-IFRS measures.
Another recurring theme in SQNS news is exchange listing and investor events. Sequans has reported on NYSE listing compliance status, including regaining compliance with continued listing standards, and on participation in investor conferences and growth conferences where management presents the company’s IoT and Bitcoin treasury strategies.
By reviewing the SQNS news feed, readers can monitor product platform updates, partnership announcements, treasury and capital allocation decisions, and regulatory disclosures in one place. Investors and followers of cellular IoT and Bitcoin treasury strategies may find it useful to check this page regularly for the latest company-issued information.
Sequans Communications (NYSE: SQNS) will host a virtual Analyst/Investor Event on January 8, 2021, at 9:00 a.m. EST. The event aims to discuss how Sequans is leveraging key trends in 5G and IoT.
It will feature presentations from CEO Georges Karam and CFO Deborah Choate, covering market opportunities, new products, and customer expansions. Attendees can access the live and archived webcast at Sequans website. Financial results for Q4 2020 will be announced on February 9, 2021.
Sequans Communications S.A. (NYSE: SQNS) announced the successful full exercise of an over-allotment option in its recent public secondary offering, bringing in an additional $2.09 million through the sale of 379,494 American Depositary Shares (ADSs). This offering, facilitated by Nokomis Capital Master Fund, L.P., is part of a larger secondary offering that converted $12.4 million in convertible notes. Following the offering, Nokomis holds 9.9% of Sequans' ADSs. CEO Georges Karam highlighted the debt reduction and strengthened balance sheet resulting from this conversion.
Sequans Communications S.A. (NYSE: SQNS) has launched the Monarch GMS01Q LTE IoT module, designed to facilitate quick IoT device connectivity to the Orange LTE-M Network. This third-generation module features Sequans’ Monarch LTE-M/NB-IoT chip platform and offers global roaming capabilities with a pre-integrated Orange SIM card. It supports various IoT applications, including healthcare wearables and smart city devices. Developers can utilize an evaluation kit for rapid prototyping, enhancing the transition from design to industrialization.
Sequans Communications S.A. (NYSE: SQNS) announced a public secondary offering of its American Depositary Shares (ADSs), with each ADS representing four ordinary shares. The offering involves Nokomis Capital Master Fund, LP, converting $12.4 million in convertible notes. The company grants underwriters a 30-day option to purchase an additional 15% of the ADSs sold. Proceeds from the offering will fund general corporate purposes. The offering is subject to market conditions, and the final terms will be disclosed in a prospectus supplement filed with the SEC.
Sequans Communications S.A. (NYSE: SQNS) has launched the Monarch 2 GM02S, the first module based on its second-generation 5G-ready platform. This module boasts a transmit power of 23 dBm and ultra-low power consumption, improving efficiency by 60% compared to its predecessor. Notably, it features an EAL5+ secure enclave supporting integrated SIM capabilities compliant with GSMA standards. Existing customers can seamlessly migrate to this new platform. The company reports positive feedback and engagements from numerous projects involving the Monarch 2 GM02S.
Sequans (NYSE: SQNS) has partnered with Telit to introduce two new modules for Citizens Broadband Radio Service (CBRS) networks in the USA. Utilizing Sequans' Cassiopeia LTE Cat 4/6 chipsets, these modules are designed for private LTE IoT and broadband applications. The modules, LE915A4-P and LE915A6-P, offer features like small LCC packaging and compatibility with various host operating systems, positioning them for widespread adoption in industrial IoT, M2M, and consumer devices. This collaboration aims to leverage the strengths of both companies in a growing market.
Sequans Communications S.A. (NYSE: SQNS) will announce its financial results for Q3 2020 on October 27, 2020, prior to market opening. A conference call is scheduled for 8:00 a.m. EDT, where the management will discuss the results. Investors can access the live call via phone or through a webcast available on the company's website. Sequans specializes in 5G and 4G chips for IoT applications, with a diverse portfolio supporting various IoT sectors. For more information, visit www.sequans.com.