Sequans (SQNS) director lists ADS stake and multiple warrant positions

Rhea-AI Filing Summary

SEQUANS COMMUNICATIONS director Jehoshua Zvi Slonimsky reports his existing equity holdings. He holds American Depositary Shares representing 1,986,300 underlying ordinary shares, with each ADS equal to 100 ordinary shares as described in the footnotes.

He also reports multiple series of directly held warrants over ordinary shares, with underlying amounts such as 360,000 shares at an exercise price of 0.1500 per ordinary share expiring on June 30, 2035, and 360,000 shares at an exercise price of 0.1300 per ordinary share expiring on June 28, 2034. Additional warrant positions carry exercise prices from 0.5400 to 3.3100 per ordinary share with expirations between 2026 and 2033.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Slonimsky Jehoshua Zvi

(Last) (First) (Middle)

15-55 BOULEVARD CHARLES DE GAULLE

(Street)

COLOMBES 92700

(City) (State) (Zip)

FRANCE

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
SEQUANS COMMUNICATIONS [ SQNS ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
American Depositary Share(1)	(2)	(2)	Ordinary Shares	1,986,300	(2)	D
Warrants	07/02/2021	07/02/2028	Ordinary Shares	30,000	$2.04(3)	D
Warrants	06/25/2022	06/25/2031	Ordinary Shares	140,000	$1.49(3)	D
Warrants	06/29/2023	06/29/2030	Ordinary Shares	36,000	$1.51(3)	D
Warrants	06/24/2023	06/24/2032	Ordinary Shares	140,000	$0.65(3)	D
Warrants	06/27/2024	06/27/2033	Ordinary Shares	180,000	$0.54(3)	D
Warrants	07/03/2020	07/03/2027	Ordinary Shares	30,000	$3.31(3)	D
Warrants	07/01/2022	07/01/2029	Ordinary Shares	36,000	$2.89(3)	D
Warrants	06/30/2026	06/30/2035	Ordinary Shares	360,000	$0.15(3)	D
Warrants	06/28/2025	06/28/2034	Ordinary Shares	360,000	$0.13(3)	D
Warrants	06/29/2019	06/29/2026	Ordinary Shares	20,000	$1.86(3)	D

Explanation of Responses:

1. Each American Depositary Share represents 100 ordinary shares

2. American Depositary Shares do not have an exercise date, exercise price nor expiration date

3. Warrant exercise price is the price per ordinary share; there are 100 ordinary shares represented by each American Depositary Share

Remarks:

	/s/Deborah A. Choate, Attorney-in-Fact for Jehoshua Z. Slonimsky	03/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does the SQNS Form 3 filing by Jehoshua Zvi Slonimsky show?

The Form 3 discloses Slonimsky’s existing ownership in SEQUANS COMMUNICATIONS, including American Depositary Shares and several warrant positions over ordinary shares, establishing his baseline holdings as a director at the time of reporting.

How many SEQUANS ordinary shares are represented by Slonimsky’s ADS position?

He reports American Depositary Shares representing 1,986,300 underlying ordinary shares. Footnotes state that each American Depositary Share corresponds to 100 ordinary shares, providing a clear conversion between ADS units and the company’s ordinary shares.

What warrant holdings does Slonimsky report in the SQNS Form 3?

He reports multiple directly held warrant series over ordinary shares, including positions covering 360,000 shares at a 0.1500 exercise price and 360,000 shares at a 0.1300 exercise price, along with additional smaller tranches at higher exercise prices and varying expiration dates.

Do the American Depositary Shares in this SQNS filing have an exercise price or expiration?

The filing states that American Depositary Shares do not have an exercise date, exercise price, or expiration date. They simply represent ordinary shares, with each ADS corresponding to 100 ordinary shares as described in the accompanying footnotes.

How are warrant exercise prices defined in Slonimsky’s SQNS Form 3?

The footnotes explain that each warrant exercise price is stated per ordinary share. Since each American Depositary Share represents 100 ordinary shares, the listed exercise prices apply at the ordinary-share level rather than at the ADS level.