Sequans Communications (SQNS) Receives NYSE Non-compliance Notice
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Sequans Receives Notice of Non-Compliance with NYSE Trading Share Price and Market Capitalization Listing Rules
June 23, 2025 6:02 AM EDTParis, France--(Newsfile Corp. - June 23, 2025) - Sequans Communications S.A. (NYSE: SQNS) ("Sequans") (the "Company"), a leading developer and provider of 5G/4G solutions for IoT devices, today announced that on June 5, 2025 it received a notice (the "Notice") from the New York Stock Exchange (the "NYSE") informing the Company that it is no longer in compliance with Section 802.01B of the NYSE Listed Company Manual.
The Company was notified by the NYSE that it was not in compliance with Section 802.01B (the "Market Cap Deficiency") because it had an average global market capitalization over a... More
