Sequans Communications (SQNS) Prices 26.67M Share Offering at $3/sh
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Sequans Communications S.A. Announces Pricing of Underwritten Public Offering of American Depositary Shares
March 11, 2022 8:00 AM ESTPARIS, March 11, 2022 /PRNewswire/ -- Sequans Communications S.A. (NYSE: SQNS), (the "Company" or "Sequans"), a leading developer and provider of 5G and 4G chips and modules for IoT devices, today announced the pricing of an underwritten public offering of 6,666,667 American Depositary Shares (the "ADSs"), representing 26,666,668 ordinary shares, at a price of $3.00 per ADS, in an underwritten public offering under an effective shelf registration statement filed with the Securities and Exchange Commission (the "SEC"). The Company has also granted to the underwriters a 30-day option to acquire an additional 1,000,000 ADSs to cover... More
