Sequans Communications S.A. reported the redemption of 50% of its convertible debt issued on July 7, 2025, which had a face value of $94.5 million. The company stated the redemption will be funded through the sale of 1,000 Bitcoin.
This update was furnished via a Form 6-K and accompanied by a press release dated November 4, 2025. Reducing half of the outstanding convertible debt lowers potential future conversion overhang while using Bitcoin proceeds provides a non‑equity funding source.
Sequans Communications (SQNS) filed Amendment No. 1 to Schedule 13G reporting that YA II PN, Ltd. and affiliated entities beneficially own 1,030,859 American Depositary Shares, representing 0.72% of the class, as of September 30, 2025.
The reporting persons indicate shared voting and dispositive power over 1,030,859 ADS and no sole power. The securities are American Depositary Shares, each representing ten ordinary shares. The certification states the holdings were not acquired to change or influence control.
Sequans Communications S.A. reported a change related to its outstanding Common Warrants: the company extended the warrants' expiration date to December 31, 2025. The filing states this extension took effect on October 1, 2025. Aside from the extended expiration date, the filing confirms that all other terms and conditions of the Common Warrants remain unchanged. The report is furnished on Form 6-K and will be incorporated by reference into several of the companys registration statements.
Sequans Communications S.A. filed a Form 6-K as a foreign private issuer to furnish a press release dated September 30, 2025. In that release, the company announced it has launched a program to repurchase its American Depositary Shares, signaling an intention to buy back some of its listed equity.
The information provided in this Form 6-K is incorporated by reference into Sequans’ existing shelf and employee share plan registration statements on Forms S-8 and F-3, allowing those filings to reflect the new share repurchase program without separate updates.
Sequans Communications received a Schedule 13G reporting disclosed holdings by several U.S.-based reporting persons. Daniel Asher is reported with 82,882,580 shared voting and dispositive shares, representing 5.03% of the class. Other reporting persons and their reported shared holdings include AFO Blackberry, LLC and AFOB FIP MS, LLC with 51,344,360 shares (3.12%), DBA Trading LLC with 29,226,350 shares (1.77%), Intracoastal Capital, LLC with 1,853,010 shares (0.11%), and Sphinx Trading LP with 458,860 shares (0.03%). The filing states these securities were not acquired to influence control of the issuer. Addresses, signatures, and exhibits (joint filing agreement and transactions) are included.
Sequans Communications disclosed insider purchases by three board members: Mr. Zvi Slonimsky bought 75,000 ADS at an average of $1.32 on August 5, 2025, and 110,000 ADS at $0.93 on August 25, 2025; Mr. Jason Cohenour bought 50,000 ADS at $0.95 on September 12, 2025; and Mr. Wes Cummins bought 200,000 ADS at $0.97 on September 12, 2025. The filing states these purchases reflect the Board's confidence in Sequans' Bitcoin-focused treasury strategy, which aims to create long-term shareholder value. The company also reiterates that its cellular IoT semiconductor business remains a key differentiator and contributor supporting broader adoption of Bitcoin as its primary reserve asset.
Sequans Communications S.A. announced a change to its American Depositary Share (ADS) ratio that will become effective on September 17, 2025. The change implements a reverse split of the ADSs on a basis of one (1) new ADS for every ten (10) old ADSs held. The company stated that the ordinary shares will not be affected by this adjustment to the ADS-to-ordinary-share ratio. The filing also notes that the information furnished in this Form 6-K will be incorporated by reference into several of the registrant's existing registration statements under the Securities Act.
Oasis Management Company Ltd. and Seth Fischer jointly report beneficial ownership of 141,131,590 Ordinary Shares of Sequans Communications S.A., representing 8.6% of the outstanding class based on a stated total of 1,648,032,862 Ordinary Shares. The shares are held by Oasis Investments II Master Fund Ltd. and are reported with shared voting and shared dispositive power; both Reporting Persons report 0 shares of sole voting or sole dispositive power.
The filing identifies the class as Ordinary Shares (EUR0.01 par value) and notes each American Depositary Share corresponds to 10 Ordinary Shares. The Reporting Persons certify the shares are held in the ordinary course of business and not to change or influence control of the issuer. Addresses and citizenships of the Reporting Persons are provided.