Sequans Communications Regains NYSE Listing Compliance

Rhea-AI Summary

Sequans Communications (NYSE: SQNS) announced it has regained full compliance with NYSE continued listing standards as of January 15, 2026. The company said it had been notified on June 5, 2025 of non-compliance after its average global market capitalization and stockholders' equity each fell below $50 million. Sequans says it restored compliance mainly via a $195 million equity private placement that closed on July 7, 2025, boosting market capitalization and stockholders' equity.

The company framed the outcome as a milestone supporting its financial and operational foundation and long-term strategy.

Positive

• Regained NYSE compliance as of January 15, 2026
• $195 million equity private placement closed July 7, 2025
• Corrective action restored market capitalization and equity

Negative

• Notified of non-compliance on June 5, 2025 for market cap and equity
• Average global market capitalization fell below $50 million

News Market Reaction – SQNS

-3.98%

2 alerts

-3.98% News Effect

-$4M Valuation Impact

$87M Market Cap

1.4x Rel. Volume

On the day this news was published, SQNS declined 3.98%, reflecting a moderate negative market reaction. Our momentum scanner triggered 2 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $4M from the company's valuation, bringing the market cap to $87M at that time.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Market cap threshold: $50 million Equity threshold: $50 million Equity private placement: $195 million +5 more

8 metrics

Market cap threshold $50 million NYSE average global market capitalization requirement over 30 trading days

Equity threshold $50 million NYSE stockholders’ equity continued listing standard

Equity private placement $195 million Equity private placement closed July 7, 2025 to restore compliance

Compliance notice date June 5, 2025 Date NYSE notified Sequans of non-compliance

Evaluation period 30 trading days Period over which average global market capitalization was assessed

Insider purchase 27,032 shares DBA Trading, LLC purchase on January 9, 2026 at $4.9975 per share

Insider purchase 6,800 shares DBA Trading, LLC purchase on January 12, 2026 at $5.3557 per share

Indirect holding 1,227,235 shares DBA Trading, LLC indirect ownership after January 12, 2026 purchases

Market Reality Check

Price: $3.16 Vol: Volume 251,918 is 1.42x t...

normal vol

$3.16 Last Close

Volume Volume 251,918 is 1.42x the 20-day average of 177,935, indicating elevated interest ahead of/around the compliance update. normal

Technical Price at 5.78 remains below the 200-day MA of 13.06, despite the positive compliance milestone.

Peers on Argus

Sector peers showed mixed moves: MRAM -6.1%, VLN -9.52%, MX +1.05%, NA +7.29%, I...

1 Up

Sector peers showed mixed moves: MRAM -6.1%, VLN -9.52%, MX +1.05%, NA +7.29%, ICG 0%. Momentum scanner only flagged VLN (up), so SQNS’s move appears stock-specific rather than part of a broad semiconductor rotation.

Historical Context

5 past events · Latest: Jan 05 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Jan 05	Partnership win	Positive	+2.9%	MultiTech selecting Sequans for next-gen embedded cellular modem platforms.
Jan 05	Conference participation	Neutral	+2.9%	Needham conference fireside chat and investor meetings announcement.
Dec 18	Buyback completion	Positive	-4.3%	Completion of ADS repurchase program and new buyback authorization.
Nov 19	Buyback update	Positive	-7.0%	Update on ADS repurchases funded by bitcoin sale and cash flow.
Nov 12	Design win	Positive	+2.7%	OKI selecting Monarch LTE-M/NB-IoT for Zero-Energy IoT Series.

Pattern Detected

Recent strategic and partnership news has generally seen modest positive reactions, while buyback-related announcements in late 2025 coincided with negative price moves, indicating mixed responses to capital allocation actions.

Recent Company History

Over the last few months, Sequans reported several business wins and capital actions. In Nov 2025, OKI and Monarch collaboration and the Zero-Energy IoT initiative were followed by a positive move. Two ADS repurchase updates in Nov–Dec 2025 coincided with price declines despite buyback activity. In Jan 2026, partnership news with MultiTech and participation in the Needham conference saw modest gains. Today’s NYSE compliance update fits into this broader effort to strengthen financial footing and market positioning.

Market Pulse Summary

This announcement confirms that Sequans successfully restored full NYSE listing compliance after ear...

Analysis

This announcement confirms that Sequans successfully restored full NYSE listing compliance after earlier deficiencies in average global market capitalization and stockholders’ equity falling below $50 million. The company addressed this primarily via a $195 million equity private placement. Against a backdrop of recent partnerships and insider share purchases, investors may focus on how strengthened equity, improved listing status, and continued IoT execution translate into future operating and capital allocation decisions.

Key Terms

New York Stock Exchange, NYSE, stockholders' equity, average global market capitalization, +1 more

5 terms

New York Stock Exchange regulatory

"regained compliance with the New York Stock Exchange (NYSE) continued listing standards"

The New York Stock Exchange is a marketplace where people buy and sell shares of publicly traded companies. It functions like a busy trading hub, helping investors transfer ownership of company parts and providing a way to gauge how well businesses are doing. Its role is vital because it offers liquidity and transparency, making it easier for investors to buy and sell investments confidently.

NYSE regulatory

"regained compliance with the New York Stock Exchange (NYSE) continued listing standards"

A large, regulated marketplace where stocks and other securities are listed and traded, acting like a global auction house that matches buyers and sellers and helps determine share prices. It matters to investors because listing and trading there provide liquidity, price discovery, and regulatory oversight—making it easier to buy or sell holdings and giving companies a visible platform that can affect credibility and access to capital.

stockholders' equity financial

"its stockholders' equity was below $50 million"

Stockholders' equity is the portion of a company's assets that belongs to its owners after all debts and obligations are paid; think of it as the value left for shareholders if the company sold everything and paid off what it owes. Investors watch it because it shows the company's net worth, indicates how much of growth is funded by owners versus debt, and helps assess financial health and the potential for future dividends or stock value increases — like the equity in a house after the mortgage is settled.

average global market capitalization financial

"its average global market capitalization falling below $50 million over a consecutive 30-trading-day period"

The average global market capitalization is the mean size of publicly traded companies when you add up each company’s market value (share price times shares outstanding) across countries and divide by the number of companies measured. Think of it like the average weight of fruit in a worldwide basket: it gives investors a quick sense of whether the market is dominated by a few very large companies or by many smaller ones, which affects portfolio risk, diversification and how sensitive markets may be to moves by big firms.

equity private placement financial

"following a $195 million equity private placement that closed July 7, 2025"

A private sale of a company’s shares to a small group of chosen investors rather than to the general public. Think of it as selling extra slices of a pie to a few specific buyers to raise cash quickly; it changes how big each current owner's slice is, can alter control, and signals how the company is valued, so investors watch for dilution, funding needs, and any price or governance implications.

AI-generated analysis. Not financial advice.

Paris, France--(Newsfile Corp. - January 15, 2026) - Sequans Communications S.A. (NYSE: SQNS) a leading provider of 5G/4G cellular IoT semiconductor solutions and a pioneer in Bitcoin treasury, announced today that it has regained compliance with the New York Stock Exchange (NYSE) continued listing standards.

"We are pleased to regain full compliance with the NYSE standards and appreciate the continued support of our investors and stakeholders as we focus on delivering value and strengthening our position as a technology leader," said Georges Karam, CEO of Sequans Communications. "This milestone reflects our disciplined execution and focus on strengthening the company's financial and operational foundation as we continue to advance our long-term strategy."

On June 5, 2025, the NYSE notified Sequans of its non-compliance due to the Company's average global market capitalization falling below $50 million over a consecutive 30-trading-day period, while at the same time, its stockholders' equity was below $50 million.

To address these deficiencies and restore compliance, Sequans took corrective actions including primarily increasing its stockholders' equity and market capitalization following a $195 million equity private placement that closed July 7, 2025.

Following these measures, the NYSE has confirmed that Sequans is now fully compliant with all applicable listing requirements.

About Sequans

Sequans Communications S.A. (NYSE: SQNS) is a leading fabless semiconductor company specializing in wireless 4G/5G cellular technology for the Internet of Things (IoT) as well as a pioneer in Bitcoin Treasury. Sequans' engineers design and develop innovative, secure, and scalable technologies that power the next generation of AI-connected applications - including secured payment, smart mobility and logistics, smart cities, industrial, e-health, and smart homes. Sequans offers a comprehensive portfolio of 4G/5G solutions, including LTE-M/NB-IoT, 4G LTE Cat 1bis, and 5G NR RedCap/eRedCap platforms, all purpose-built for IoT and delivering breakthroughs in wireless connectivity, power efficiency, security, and performance. The company also provides advanced design services and technology licensing.

Founded in 2003, Sequans is headquartered in France and operates globally, with offices in the United States, United Kingdom, Switzerland, Israel, Finland, Taiwan, and China.

Contacts

Sequans investor relations:

David Hanover/Rob Kelly, KCSA Strategic Communications (USA), +1 212.682.6300, ir@sequans.com

Sequans media relations:

Linda Bouvet (France), +33 170721600, media@sequans.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/280490

FAQ

What did Sequans (SQNS) announce on January 15, 2026 about NYSE listing?

Sequans announced it has regained full NYSE compliance after corrective measures.

Why was Sequans (SQNS) previously out of compliance with the NYSE?

The company was notified on June 5, 2025 due to average global market capitalization and stockholders' equity each being below $50 million.

How did Sequans (SQNS) restore NYSE compliance?

Sequans restored compliance mainly via a $195 million equity private placement that closed on July 7, 2025.

Does the $195 million placement affect Sequans (SQNS) shareholders?

The announcement says the placement increased stockholders' equity and market capitalization to meet NYSE standards.

When did the NYSE confirm Sequans (SQNS) is compliant again?

The company reported NYSE confirmation of full compliance on January 15, 2026.