SEQUANS COMMUNICATIONS SEC Filings

SEQUANS COMMUNICATIONS CEO Georges M. Karam filed an initial Form 3 reporting his ownership in the company. He reports direct holdings of American Depositary Shares representing 12,949,300 underlying ordinary shares, along with 5,472,772 ordinary shares. A footnote states that these holdings include 5,465,056 shares subject to vesting, highlighting that a significant portion is tied to equity awards rather than fully vested stock. The filing does not show any new purchases or sales, only the CEO’s existing positions.

SEQUANS COMMUNICATIONS chief technology officer Huang Qiuting has filed an initial statement of beneficial ownership, reporting a direct holding of 1,000,000 Ordinary Shares.

All of these shares are subject to vesting, meaning the full amount will only be earned over time as vesting conditions are met. The filing does not reflect any new purchase or sale, but rather discloses the equity stake associated with the CTO role.

SEQUANS COMMUNICATIONS director Jason Cohenour has filed an initial ownership report detailing his stake in the company. He directly holds warrants over 360,000 ordinary shares at an exercise price of $0.15 per ordinary share, expiring on June 30, 2035. He also directly holds American Depositary Shares representing 710,000 underlying ordinary shares. The footnotes clarify that each American Depositary Share represents 100 ordinary shares and that these depositary shares do not have an exercise price, exercise date or expiration date.

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.

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.