Sequans Communications S.A. reports developments tied to its fabless semiconductor business for 4G and 5G cellular Internet of Things connectivity. Company news commonly covers LTE-M/NB-IoT, 4G LTE Cat 1bis, 5G NR RedCap and eRedCap platforms, RF transceiver technology, design services, technology licensing, and customer platform selections for embedded cellular modems.
Updates also include quarterly and annual financial results, product demonstrations, design-win and production commentary, ADS repurchase activity, Bitcoin digital-asset treasury management, financing actions, and NYSE listing-compliance matters. Sequans serves IoT applications such as secured payment, smart mobility and logistics, smart cities, industrial systems, e-health, and smart homes.
Sequans Communications (NYSE: SQNS), a cellular IoT semiconductor provider, has announced the launch of its bitcoin treasury program with an initial purchase of 370 BTC. The acquisition was funded through proceeds from the company's recent offering of ordinary shares and convertible debentures that closed on July 7, 2025.
The company plans to expand its bitcoin holdings to over 3,000 BTC in the coming weeks. To facilitate this initiative, Sequans has partnered with Coinbase Prime as its custodian, utilizing their institutional-grade custody and prime brokerage platform for secure digital asset management.
Sequans Communications (NYSE: SQNS) has successfully closed a significant $384 million strategic investment to launch a Bitcoin treasury initiative. The financing consists of a $195 million PIPE (Private Investment in Public Equity) and $189 million in convertible debentures due July 7, 2028.
The transaction included the sale of 139,444,614 American Depositary Shares at $1.40 per ADS with common warrants. The convertible debentures feature a conversion price of $2.10 per ADS. If all common warrants are exercised, Sequans could receive an additional $57.6 million in gross proceeds.
The company plans to use the net proceeds primarily to purchase Bitcoin as part of its treasury strategy, partnering with Swan Bitcoin for execution and governance. The offering attracted over 40 institutional investors, with Northland Capital Markets and B. Riley Securities serving as joint lead placement agents.
Sequans Communications (NYSE: SQNS), a cellular IoT semiconductor solutions provider, has appointed Jason W. Cohenour to its Board of Directors. Cohenour brings over 30 years of executive leadership experience, notably serving as President, CEO, and Director of Sierra Wireless from 2005 to 2018, where he led a transformation that grew company revenues to nearly $800 million.
Cohenour currently serves as Lead Independent Director at Blackline Safety (TSX: BLN) and has previously held board positions at Lantronix, CalAmp, and RF Industries. The appointment comes as Sequans aims to accelerate its growth in the cellular IoT semiconductor market. The company also announced the departure of Dominique Pitteloud from the Board after 20 years of service.
Sequans Communications (NYSE: SQNS), a leading provider of 4G and 5G semiconductors and modules for the Internet of Things, has filed its Annual Report on Form 20-F for the year ended December 31, 2024 with the Securities and Exchange Commission.
The report is now accessible through multiple channels:
- The company's website www.sequans.com (Investors section under SEC Filings)
- The SEC's website www.sec.gov
Shareholders can request a free printed copy of the annual report, which includes complete 2024 audited financial statements, by either:
- Visiting the Investors section on Sequans' website
- Sending an email to IR@sequans.com
Sequans Communications (NYSE: SQNS), a leading provider of 4G and 5G semiconductors and modules for the Internet of Things, has scheduled its first quarter 2025 financial results release for Tuesday, May 6, 2025, during pre-market hours. The company will host a conference call at 8:00 a.m. ET/14:00 CET to discuss the results.
Investors can access the call through U.S. toll-free number 800-717-1738 or international number +1 646-307-1865 using access code 80940. A live and archived webcast will be available on Sequans' Investor Relations website, with an audio replay accessible until May 13, 2025.
Sequans Communications (NYSE: SQNS) has successfully regained compliance with NYSE listing standards after addressing previous deficiencies in market capitalization and share price requirements. The company had fallen below the NYSE's minimum thresholds of $50 million market capitalization and $1.00 per share price on April 9, 2024.
To restore compliance, Sequans implemented two key measures: First, they adjusted their ADS ratio effective October 9, 2024, equivalent to a 1-for-2.5 reverse stock split to boost trading price. Second, they completed a $200 million strategic transaction on September 30, 2024, which significantly increased stockholders' equity and market capitalization.
The NYSE has now confirmed that Sequans, a provider of 4G and 5G semiconductors and modules for IoT, is fully compliant with all applicable listing requirements.
Sequans Communications (NYSE: SQNS) announced that Coyote, Europe's leader in connected driver assistance services, has chosen Sequans Monarch technology for its new generation tracker, Coyote Nano 2.0. The device connects to cellular LPWA networks, particularly LTE-M, setting a new standard in vehicle tracking.
The Coyote Nano 2.0 is part of Coyote Secure, a stolen vehicle recovery service with a 91% recovery rate within 48 hours. The tracker features jamming resistance, tamper protection, and discrete installation capabilities. It incorporates multiple wireless communication systems and location services, operating effectively in challenging RF environments.
Key features include extensive European coverage, autonomous operation, and a target battery life of up to 5 years. The device was specifically designed to deliver robust, energy-efficient performance while maintaining advanced RF capabilities.