IPO - SEQUANS COMMUNICATIONS

Form Type: F-3

Filing Date: 2025-07-16

Corporate Action: Ipo

Type: New

Accession Number: 000162828025035103

Filing Summary: On July 16, 2025, Sequans Communications S.A. filed Form F-3 as a registration statement under the Securities Act of 1933 to register a total of 1,603,612,940 ordinary shares, which may be represented by up to 160,361,294 American Depositary Shares (ADSs). This filing allows Selling Securityholders to resell shares acquired in private placements, details of which include 1,171,987,620 ordinary shares represented by 117,198,762 ADSs, along with pre-funded warrants and common warrants. The registration is part of an effort resulting from an Equity Purchase Agreement dated June 22, 2025, with institutional investors, and it is not intended for the Company to sell any securities or receive proceeds from these sales. The last reported sale price for the ADSs on the NYSE was $4.72 as of July 15, 2025. The document outlines the risks and tax considerations associated with the investment in their securities, highlighting the establishment of a Bitcoin treasury strategy aimed at using cash flow for acquisitions of Bitcoin and addressing potential risks. It is essential for investors to consider the detailed risk factors and uncertainties outlined before making investment decisions.