Sequans Communications S.A. ADS (SQNS)
NYSE · ADR · CUSIP 817323108
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Security Profile

Security Type
Common Stock
CUSIP
817323108
Market Cap
Small Cap
IPO
4/15/2011 · $10.00/share
ADR Ratio
1:4
Business: Sequans Communications is a leading fabless designer, developer and supplier of LTE and WiMAX semiconductor solutions for the wireless broadband market. Their solutions serve as the core wireless broadband communications platform for a wide range of 4G wireless broadband devices including smartphones, USB dongles, portable routers, embedded wireless modems for laptops, netbooks, tablets, and other consumer multimedia and industrial devices, as well as subscriber stations and base stations.
Notes: November 15, 2019 -- Sequans Communications S.A. (NYSE: SQNS), leading provider of LTE for IoT chips and modules, today announced that its Board of Directors has approved a change in the number of its ordinary shares represented by American Depositary Shares, issued by the Bank of New York Mellon as depositary, from 1 ordinary share per ADS to 4 ordinary shares per ADS. The change in exchange ratio for the ADSs will have the same effect as a 1-for-4 reverse stock split of the ADSs. The ADSs will continue to trade on the New York Stock Exchange. Sequans' ordinary shares are not affected by the change. The Company's total outstanding share capital at present is 95,215,582 ordinary shares.

Company Contact

CEO
Georges Karam
CFO
Deborah Choate
Investor Relations
Claudia Gatlin · 212-830-9080 · claudia@sequans.com
General Email
IR@sequans.com
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