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.
Positive
None.
Negative
None.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
Sequans Communications
(Name of Issuer)
American Depository Shares, each representing ten (10) Ordinary Shares, nominal value Euro 0.01
(Title of Class of Securities)
817323306
(CUSIP Number)
09/30/2025
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
SCHEDULE 13G
CUSIP No.
817323306
1
Names of Reporting Persons
YA II PN, Ltd.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
CAYMAN ISLANDS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,030,859.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,030,859.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,030,859.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.72 %
12
Type of Reporting Person (See Instructions)
OO
SCHEDULE 13G
CUSIP No.
817323306
1
Names of Reporting Persons
YA Global Investments II (U.S.), LP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,030,859.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,030,859.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,030,859.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.72 %
12
Type of Reporting Person (See Instructions)
OO
SCHEDULE 13G
CUSIP No.
817323306
1
Names of Reporting Persons
Yorkville Advisors Global, LP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,030,859.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,030,859.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,030,859.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.72 %
12
Type of Reporting Person (See Instructions)
OO
SCHEDULE 13G
CUSIP No.
817323306
1
Names of Reporting Persons
Yorkville Advisors Global II, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,030,859.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,030,859.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,030,859.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.72 %
12
Type of Reporting Person (See Instructions)
OO
SCHEDULE 13G
CUSIP No.
817323306
1
Names of Reporting Persons
YAII GP, LP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,030,859.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,030,859.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,030,859.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.72 %
12
Type of Reporting Person (See Instructions)
OO
SCHEDULE 13G
CUSIP No.
817323306
1
Names of Reporting Persons
YAII GP II, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,030,859.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,030,859.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,030,859.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.72 %
12
Type of Reporting Person (See Instructions)
OO
SCHEDULE 13G
CUSIP No.
817323306
1
Names of Reporting Persons
Mark Angelo
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
NEW JERSEY
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,030,859.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,030,859.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,030,859.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.72 %
12
Type of Reporting Person (See Instructions)
OO
SCHEDULE 13G
CUSIP No.
817323306
1
Names of Reporting Persons
SC-Sigma Global Partners, LP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,030,859.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,030,859.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,030,859.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.72 %
12
Type of Reporting Person (See Instructions)
OO
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Sequans Communications
(b)
Address of issuer's principal executive offices:
15-55 BLVD Charles de Gaulle, Les Portes De La Defense Colombes, France, 92700
Item 2.
(a)
Name of person filing:
YA II PN, Ltd.
(b)
Address or principal business office or, if none, residence:
1012 Springfield Ave., Mountainside, NJ 07092
(c)
Citizenship:
Cayman Islands
(d)
Title of class of securities:
American Depository Shares, each representing ten (10) Ordinary Shares, nominal value Euro 0.01
(e)
CUSIP No.:
817323306
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
1,030,859
(b)
Percent of class:
0.72 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
0
(ii) Shared power to vote or to direct the vote:
1,030,859
(iii) Sole power to dispose or to direct the disposition of:
0
(iv) Shared power to dispose or to direct the disposition of:
1,030,859
Item 5.
Ownership of 5 Percent or Less of a Class.
Ownership of 5 percent or less of a class
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group.
YA II is beneficially owned by YA Global Investments II (U.S.), LP (the "YA Feeder"). Yorkville Advisors Global, LP (the "YA Advisor") is the investment manager to YA II. Yorkville Advisors Global II, LLC (the "YA Advisor GP") is the general partner to the YA Advisor. YAII GP, LP (the "YA GP") is the general partner to the YA Feeder. YAII GP II, LLC (the "Yorkville GP") is the general partner to the YA GP. Mark Angelo makes the investment decisions on behalf of YA II. Accordingly, each of YA II, YA Feeder, the YA Advisor, the YA Advisor GP, the YA GP, the Yorkville GP and Mark Angelo may be deemed affiliates and therefore may be deemed to beneficially own the same number of Class A Shares.
YAII GP, LP is the general partner of SC-Sigma Global Partners, LP ("SC-Sigma"), which is an investor in YA II. YAII GP II, LLC is the general partner of YAII GP, LP. The YA Advisor is the investment manager to SC-Sigma. Accordingly, SC-Sigma, the YA GP, the Yorkville GP, the YA Advisor, and Mark Angelo may be deemed affiliates and therefore may be deemed to beneficially own the same number of shares of Class A Shares.
For purposes of this filing, each of the reporting persons is deemed an affiliate of each other reporting person.
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
What did SQNS disclose in this Schedule 13G/A amendment?
It reports that YA II PN, Ltd. and affiliates beneficially own 1,030,859 ADS, or 0.72% of the class, as of September 30, 2025.
How much of Sequans (SQNS) does the group report owning?
An aggregate of 1,030,859 ADS, representing 0.72% of the outstanding class.
What voting and dispositive powers are reported?
The filing shows shared voting and dispositive power over 1,030,859 ADS and no sole power.
Which entities are included as reporting persons?
YA II PN, Ltd., YA Global Investments II (U.S.), LP, Yorkville Advisors Global, LP, Yorkville Advisors Global II, LLC, YAII GP, LP, YAII GP II, LLC, SC‑Sigma Global Partners, LP, and Mark Angelo.
What class of securities is covered for SQNS?
American Depositary Shares, each representing ten ordinary shares.
What is the date of the event requiring the filing?
September 30, 2025.
Does the filing indicate an intent to influence control?
No. The certification states the securities were not acquired to change or influence control.
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