Welcome to our dedicated page for Sequans Communications S A SEC filings (Ticker: SQNS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Sequans Communications S.A. (NYSE: SQNS) SEC filings page on Stock Titan provides access to the company’s Form 6-K reports and other U.S. regulatory documents, along with AI-powered summaries that explain key points in clear language. As a foreign private issuer, Sequans uses Form 6-K to furnish press releases, financial updates, capital markets actions, and governance disclosures to the U.S. Securities and Exchange Commission.
For SQNS, these filings are an important source of detail on both its IoT semiconductor business and its Bitcoin treasury strategy. Recent Form 6-Ks have included preliminary quarterly financial results, discussions of revenue, gross profit, operating income or loss, net income or loss, and non-IFRS measures, as well as explanations of items like impairment of digital assets and fair-value adjustments related to convertible debt and embedded derivatives. Filings also describe Bitcoin holdings pledged as security for debt and subsequent redemptions of a portion of that debt funded by Bitcoin sales.
Sequans’ SEC reports further document equity and debt transactions, such as a $195 million equity private placement, warrant issuances and expiration date extensions, and ADS ratio changes and reverse splits. Other 6-Ks address ADS repurchase programs, Board-level insider purchases of ADSs voluntarily disclosed for transparency, and NYSE listing compliance updates, including the company’s path to regaining compliance with continued listing standards.
On Stock Titan, users can review these SQNS filings in their original form while leveraging AI-generated highlights and explanations to quickly understand complex topics such as non-IFRS metrics, Bitcoin-related balance sheet items, and the terms of warrants and convertible debt. The page updates as new documents are posted to EDGAR, helping investors track financial performance, capital structure changes, treasury decisions, and governance disclosures for Sequans Communications S.A. over time.
Richard N. Nottenburg, a director of Sequans Communications, reports beneficial ownership of several series of warrants on the company’s ordinary shares. The positions include warrants exercisable into 36,000 ordinary shares at an exercise price of 1.5100 per share, 180,000 shares at 0.5400, and 140,000 shares at 1.4900, among other series with expirations between 2026 and 2035. A footnote explains that each American Depositary Share represents 100 ordinary shares, and the stated exercise price is quoted per ordinary share.
SEQUANS COMMUNICATIONS director Marced Martin Maria Angeles reports existing warrant holdings, not new share purchases or sales. The filing lists three series of warrants over Ordinary Shares, each held directly.
These warrants cover 360,000 underlying Ordinary Shares at an exercise price of $0.1300 per share expiring on June 28, 2034, 360,000 underlying Ordinary Shares at $0.1500 per share expiring on June 30, 2035, and 180,000 underlying Ordinary Shares at $0.5400 per share expiring on June 27, 2033. A footnote explains that the warrant exercise price is stated per Ordinary Share and that each American Depositary Share represents 100 Ordinary Shares.
SEQUANS COMMUNICATIONS director Wes Cummins filed a Form 3 reporting his existing holdings in the company. He reports American Depositary Shares that together represent 2,000,000 ordinary shares. The ADSs themselves do not have an exercise date, exercise price or expiration date.
He also reports several series of warrants over ordinary shares, with exercise prices ranging from 0.13 to 2.04 per share and expiration dates between 2028 and 2035, all held directly. These positions show his current equity and warrant exposure rather than any new buy or sell transaction.
Sequans Communications CFO Deborah Annette Choate filed an initial statement of beneficial ownership. She reports direct holdings of American Depositary Shares representing 1,242,400 ordinary shares, plus 700,708 ordinary shares.
The ordinary share total includes 692,000 shares subject to vesting. The American Depositary Shares have no exercise date, exercise price, or expiration date, and each represents 100 ordinary shares.
Sequans Communications S.A. reported that shareholders at a combined ordinary and extraordinary meeting approved all proposals recommended by the Board of Directors. American Depositary Shares representing 1,447,873,300 ordinary shares and 8,794 ordinary shares, together 1,447,882,094 ordinary shares, or 99.9% of the ordinary shares outstanding as of the record date, were voted.
Shareholders approved an immediate reduction of share capital by a nominal €1,516,973 through cancelling 151,697,300 shares held by the company, and authorized the Board to further reduce share capital by up to a nominal €7,239,462 through cancelling up to 723,946,200 additional shares held by the company. An ordinary resolution granting powers for formalities was also approved.
Sequans Communications S.A. has amended its Secured Convertible Debenture Purchase Agreement to fully redeem the remaining $94.5 million aggregate principal amount of outstanding convertible debentures. The redemption will be paid in cash at 100% of principal plus accrued and unpaid interest.
The cash will come from selling up to 1,617 Bitcoin held in a collateral securities account, in increments so that by June 1, 2026 either the debentures are fully redeemed or all Bitcoin in the account has been sold to redeem the applicable portion. Any principal and accrued interest that remains after all 1,617 Bitcoin are released cannot be put back to the company for repurchase by debenture holders until at least January 7, 2027, except as otherwise provided in the debenture terms.
Sequans Communications reported unaudited fourth-quarter 2025 revenue of $7.0 million, up 72.6% from the prior quarter but down 37.0% from the fourth quarter of 2024, when results were boosted by a large Qualcomm license deal. Full-year 2025 revenue was $27.2 million versus $36.8 million in 2024.
The company recorded a fourth-quarter operating loss of $74.5 million and a net loss of $87.1 million, driven mainly by a $56.9 million non-cash impairment of its Bitcoin holdings and an $8.4 million realized loss on Bitcoin sales. For 2025, net loss was $102.4 million, compared with net profit of $57.6 million in 2024, which had included a $153.1 million gain on a 4G asset sale.
On a non-IFRS basis, fourth-quarter net loss was $18.5 million and full-year non-IFRS net loss was $43.8 million, compared with non-IFRS profit of $2.2 million and $64.1 million in the respective 2024 periods. At December 31, 2025, cash and cash equivalents were $13.4 million and the company held 2,139 Bitcoin valued at $187.1 million, with 1,617 Bitcoin pledged as collateral for $94.5 million of convertible debt. Management highlighted a design-win pipeline above $300 million in potential three-year IoT product revenue, growing mass-production projects, significant ADS repurchases in the fourth quarter, and a stated goal of reaching projected cash-flow break-even by the end of 2026.
Sequans Communications insider filing shows an indirect share purchase by an entity associated with a major holder. On January 26, 2026, DBA Trading, LLC, an entity beneficially owned by Daniel Asher, acquired 12,300 shares of Sequans common stock at $5.1198 per share, in a transaction coded as a purchase.
After this transaction, DBA Trading, LLC is shown as indirectly holding 140,011,100 shares of Sequans common stock, while AFOB FIP MS, LLC is listed as indirectly holding 51,344,400 shares. Footnotes state that Daniel Asher is deemed to control voting and dispositive power over the shares held by both entities.
Sequans Communications received an amended Schedule 13G showing that investor Daniel Asher, together with affiliated entities, reports beneficial ownership of 190,125,500 ordinary shares, representing 11.54% of the outstanding ordinary shares. The filing breaks this down among entities, including DBA Trading LLC with 138,781,100 shares (8.42% of the class) and AFOB FIP MS, LLC, through its managing member AFO Blackberry, LLC, with 51,344,400 shares (3.12% of the class).
The filing states that Asher is deemed to control and share voting and dispositive power over the shares held by DBA Trading LLC and AFO Blackberry. It also certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Sequans Communications.
Sequans Communications’ 10% owner Daniel Asher, through affiliated entities, reported additional indirect purchases of the company’s common stock. On January 20, 2026, DBA Trading, LLC, beneficially owned and controlled by Asher, bought 19,660 shares at $5.2941 per share. On January 21, 2026, DBA Trading, LLC purchased another 22,600 shares at $5.2403 per share.
After these transactions, DBA Trading, LLC held 1,895,678 Sequans shares indirectly for Asher. Separately, AFOB FIP MS, LLC, whose managing member is AFO Blackberry, LLC and over which Asher is deemed to control voting and dispositive power, held an additional 513,443 shares of Sequans common stock indirectly for him.