F o u r t h Q u a r t e r 2 0 2 4 E a r n i n g s P r e s e n t a t i o n April 30, 2025 1 Disclaimers Forward-Looking Statements This presentation includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. KORE's actual results may differ from their expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Forward-looking statements ...

Core Insights - Sequans Communications S.A. has filed its Annual Report on Form 20-F for the year ended December 31, 2024, with the SEC, and it is available on the company's website [1][2] Company Overview - Sequans Communications S.A. is a leading semiconductor company specializing in wireless cellular technology for the Internet of Things (IoT) [2] - The company designs and develops innovative, secure, and scalable technologies that power the next generation of connected devices [2] - Sequans offers a wide range of solutions, including chips, modules, IP, and services, with platforms optimized for IoT such as LTE-M/NB-IoT, 4G LTE Cat 1bis, and 5G NR RedCap/eRedCap [2] - Established in 2003, Sequans is headquartered in France and has a global presence with offices in multiple countries including the United States, United Kingdom, Israel, Hong Kong, Singapore, Finland, Taiwan, and China [2]

Core Insights - IHS Holding Limited's shares have increased by 37.9% over the past year, outperforming the industry and the S&P 500, which returned 35.3% and 10% respectively [1] - The stock closed at $4.95, below its 52-week high of $5.75 but above its 52-week low of $2.44, indicating solid upward momentum and price stability [4] - The company is experiencing strong demand for its infrastructure in emerging markets, particularly in Africa, driven by the increasing deployment of 5G [7][9] Financial Performance - In Q4 2024, IHS generated revenues of $437.8 million, reflecting a 39.3% year-over-year increase on an organic basis [7] - The Zacks Consensus Estimate for IHS' 2025 earnings has increased by 30.9% to 72 cents per share, indicating a year-over-year growth of 114.7% [12] - The stock has a forward 12-month price-to-earnings ratio of 6.52X, which is below the industry average of 7.95X, suggesting an attractive valuation for investors [13] Market Position and Growth Drivers - IHS has a total of 16,495 towers in Nigeria, its largest market, reflecting a 0.6% year-over-year increase [8] - The company added approximately 100 towers and over 800 tenants across the SSA market in 2024, supported by the deployment of 5G [9] - IHS has successfully renewed and extended all MTN MLAs, including a deal with Airtel Nigeria to add 3,950 new tenancies [10] Strategic Outlook - The company is well-positioned to leverage its market-leading position and capitalize on the growing demand for communications infrastructure solutions [8] - Solid momentum in the communication infrastructure market, driven by the proliferation of IoT and accelerated 5G rollout, positions IHS favorably for strong growth [15] - Positive analyst sentiment and robust growth prospects indicate it is an opportune time for potential investors to consider IHS [16]

Group 1 - Khaveen Investments is a global investment advisory firm serving high-net-worth individuals, corporations, associations, and institutions [1] - The firm offers comprehensive services including market and security research, business valuation, and wealth management [1] - The flagship Macroquantamental Hedge Fund maintains a diversified portfolio across various asset classes, geographies, sectors, and industries [1] Group 2 - The investment approach integrates top-down and bottom-up analysis, blending global macro, fundamental, and quantitative strategies [1] - Core expertise lies in disruptive technologies such as Artificial Intelligence, Cloud Computing, 5G, Autonomous and Electric Vehicles, FinTech, Augmented and Virtual Reality, and the Internet of Things (IoT) [1]

Core Insights - Synaptics has launched its first family of Wi-Fi 7 systems-on-chips (SoCs) for IoT, including the SYN4390 and SYN4384, which support bandwidths up to 320 MHz and deliver peak speeds of 5.8 Gbps with low latency [1][3][4] - The new SoCs integrate Wi-Fi 7 with Bluetooth 6.0 and Zigbee/Thread, designed to minimize system costs and power consumption while enhancing user experiences across various applications [1][2][4] - ABI Research forecasts that annual shipments of Wi-Fi 7 chipsets will exceed 2 billion by 2029, with a compound annual growth rate (CAGR) of 56% from 2024 to 2029 [3] Product Features - The Wi-Fi 7 IoT family supports Matter and features a triple combo design, enabling interoperability across Wi-Fi, Bluetooth, and Zigbee/Thread networks [5] - The SYN4390 is currently available for sale, while the SYN4384 is available in limited quantities for evaluation [5] - Key specifications include peak speeds of up to 5.8 Gbps, 320 MHz channel bandwidth, integrated RF front-end, and power management IC to reduce system costs and power consumption [6] Market Opportunity - The growing adoption of Wi-Fi 7 in wireless networking infrastructure presents significant opportunities for diverse Wi-Fi 7-enabled IoT devices [3][4] - Synaptics aims to provide a versatile solution for high-performance, low-power IoT devices, facilitating the development of next-generation connected and AI-enriched IoT products [3][4] - The expansion of Wi-Fi 7 across multiple IoT segments is expected to reach billions of annual device shipments in the coming years [4]

Khaveen Investments is a global Investment Advisory Firm dedicated to serving the investment needs of clients worldwide including high-net-worth individuals, corporations, associations, and institutions. We provide comprehensive services ranging from market and security research to business valuation and wealth management. Our flagship Macroquantamental Hedge Fund maintains a diversified portfolio with exposure to hundreds of investments across various asset classes, geographies, sectors, and industries. We ...

Core Insights - The article discusses the successful results of a Human Factors Validation Study conducted by IKE Tech LLC, which confirms the effectiveness of its biometric BLE Bluetooth chip and blockchain-based application in preventing underage access to electronic nicotine delivery systems (ENDS) [1][2][3] Company Overview - IKE Tech LLC is a joint venture involving Ispire Technology Inc., Berify, and Chemular, focusing on innovative solutions for age verification and biometric authentication in consumer goods [3][8] - Ispire Technology Inc. is engaged in the research, development, and commercialization of branded e-cigarettes and cannabis vaping products, holding over 200 patents globally [9] - Berify specializes in linking physical products to the digital world, offering security and engagement solutions for brands [10] - Chemular provides regulatory consulting and project management services in the tobacco space, having submitted PMTAs for over 200 products [11] Study Findings - The study involved over 100 participants, achieving 100% success in age verification, with no underage individuals able to access the ENDS device [5][7] - The IKE System demonstrated high efficacy in reducing user error, with only 1% of task attempts resulting in errors, and 91% of users rated the app as "Extremely Easy" or "Very Easy" to use [6][7] - The platform includes customizable features such as geofencing and real-time messaging, designed for integration across various ENDS devices [6] Future Implications - The findings suggest a paradigm shift in regulatory frameworks for ENDS, providing powerful tools for the FDA and manufacturers to enhance public health and ensure adult-only access [3][4] - The technology aims to empower better public health outcomes and support evolving FDA standards, indicating a commitment to advancing intelligent hardware solutions [4][8]

Core Insights - QuickLogic Corporation has integrated its eFPGA IP into Faraday Technology Corporation's FlashKit™-22RRAM SoC Development Platform, enhancing flexibility for IoT applications [1][3] - The FlashKit-22RRAM platform is built on UMC's 22ULP process technology and supports both Arm Cortex-M7 and VeeR EH1 RISC-V processors, making it suitable for AIoT, consumer, and industrial applications [2][4] - The integration allows for post-silicon hardware adaptability, reducing time-to-market and extending product lifecycles through field upgradability [3][5] Company Overview - Faraday Technology Corporation focuses on sustainable IC solutions and offers a wide range of ASIC solutions and silicon IP, including various memory and interface technologies [6] - QuickLogic Corporation specializes in eFPGA Hard IP and endpoint AI solutions, providing customizable and low-power silicon solutions for various markets [7]

Financial Performance & Growth - Impinj's annual revenue has grown from $138.9 million in 2020 to $366.1 million in 2024, representing a 27% CAGR[16] - In Q1 2025, systems revenue was $13.1 million and endpoint ICs revenue was $61.2 million[90] - The non-GAAP gross margin for Q1 2025 was 52.7%[94] - The adjusted EBITDA for Q1 2025 was $6.5 million[101] - Non-GAAP EPS (diluted) for Q1 2025 was $0.21[105] Market Opportunity & Strategy - Impinj estimates that RAIN-enabled connectivity was used for over 52 billion items in 2024, representing approximately 0.5% of connectable items[46] - The company has sold over 120 billion endpoint ICs[17, 52] - The company's strategy involves developing whole-platform solutions, winning endpoint IC opportunities, engaging partners, and competing aggressively for the rest of the endpoint IC market[18] Financial Resources - As of March 31, 2025, Impinj had $232.5 million in cash and investments[111] - As of December 31, 2024, Impinj had $190.3 million in federal NOLs[111] - The trailing twelve-month (TTM) adjusted free cash flow was $44.3 million[111]

Core Points - Four Leaf Acquisition Corporation received a notice from Nasdaq regarding the potential delisting of its securities due to the failure to file its Annual Report on Form 10-K for the year ended December 31, 2024 [1] - The company also received a second notice for failing to pay certain fees required by Nasdaq Listing Rule 5250(f), which serves as an additional basis for delisting [2] - The company intends to appeal these determinations to stay the suspension of its securities and the filing of Form 25-NSE pending the Panel's decision [3] Company Overview - Four Leaf Acquisition Corporation is a blank check company incorporated in Delaware, aiming to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities [4] - The company is focused on identifying target companies in the Internet of Things (IoT) market that could become attractive public companies [4] - The leadership team includes Bala Padmakumar as Chairman and Interim Chief Executive Officer, Coco Kou as Chief Financial Officer, and Robert de Neve as Chief Strategy Officer [4]