Sequans Communications (SQNS) Prices 15.15M ADS Offering for Net Proceeds of $22.9M
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Needham & Company Reiterates Buy on Sequans Communications (SQNS) Following Equity Offering
September 19, 2016 7:56 AM EDTNeedham & Company reiterated a Buy rating and $3.00 price target on Sequans Communications (NYSE: SQNS) following the company's follow-on offering of primary ADSs. Sequans expects to receive net proceeds of $22.9MM, and intends to use the proceeds from the offering for general corporate purposes.
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Sequans Communications (SQNS) Plans Underwritten Public Offering of ADSs
September 14, 2016 4:02 PM EDTSequans Communications S.A. (NYSE: SQNS) today announced that it intends to offer newly issued American Depositary Shares (ADSs), representing ordinary shares, in an underwritten public offering under an effective shelf registration statement (the Offering) filed with the Securities and Exchange Commission (the SEC).... More