Sequans Communications S.A. American Depositary Shares, each representing one Ordinary Share (SQNS) Company Bio
Sequans Communications S.A. engages in fabless designing, developing, and supplying 4G LTE and WiMAX semiconductor solutions for wireless broadband applications. The company was founded in 2003 and is based in Paris, France.
PARIS--(BUSINESS WIRE)--Sequans Communications S.A. (NYSE: SQNS) today announced that the underwriters of its previously announced public offering of American Depositary Shares (“ADSs”) have exercised their over-allotment option (the “Option”) in full to purchase 728,155 additional ADSs, representing 2,912,620 ordinary shares, for gross proceeds of $3.75 million. The Option exercise closed on June 4, 2020. Including the additional ADSs from exercising the Option, Sequans’ recent offering totale