Paris, France--(Newsfile Corp. - December 18, 2025) - Sequans Communications S.A. (NYSE: SQNS) ("Sequans" or the "Company"), a pioneer in Bitcoin treasury and a leading provider of 5G/4G cellular IoT semiconductor solutions, today announced the successful completion of its previously authorized ADS repurchase program and the approval of a new program by its Board of Directors.As of December 17, 2025, Sequans has repurchased a total of 1,516,973 American Depositary Shares ("ADSs"), representing approximatel ...

Core Viewpoint - Sequans Communications has successfully repurchased 755,349 American Depositary Shares (ADSs), representing approximately 5% of outstanding ADSs, as part of its ongoing strategy to enhance shareholder value through disciplined capital allocation [1][2][4] Group 1: ADS Repurchase Program - The repurchases were executed at an average price of $6.40 per ADS, resulting in a current outstanding ADS count of approximately 15.2 million, or 16.3 million including potential pre-funded warrants [2] - The reduction in outstanding ADSs has generated a 4.4% yield in Bitcoin per outstanding ADS since the company's earnings call on November 4, 2025, showcasing the effectiveness of its capital allocation strategy [2][3] Group 2: Funding and Strategy - The ADS repurchases were funded through proceeds from the sale of Bitcoin and operational funds, indicating a strategic approach to enhance Bitcoin per share [3] - The company aims to continue executing share repurchases at prices below net asset value (NAV) per ADS to create additional value for shareholders [3][4] Group 3: Management's Perspective - The CEO of Sequans, Dr. Georges Karam, emphasized that the current digital asset market conditions present an opportunity to strengthen the balance sheet and advance the Bitcoin Treasury strategy [4] - The company remains committed to reducing debt and executing share repurchases to reinforce its growth strategy and deliver value to shareholders [4] Group 4: Company Overview - Sequans Communications is a leading fabless semiconductor company specializing in 4G/5G cellular technology for IoT and is recognized as a pioneer in Bitcoin Treasury [8] - The company views Bitcoin as a long-term investment and plans to accumulate it as its primary treasury reserve asset, utilizing proceeds from equity and debt issuances as well as operational cash flow [8][9]

Company Overview - Sequans Communications S.A. is a leading fabless semiconductor company specializing in wireless 4G/5G cellular technology for the Internet of Things (IoT) and is a pioneer in Bitcoin Treasury [3] - The company was founded in 2003 and is headquartered in France, with global operations including offices in the United States, United Kingdom, Switzerland, Israel, Singapore, Finland, Taiwan, and China [5] Bitcoin Acquisition - As of August 1, 2025, Sequans holds a total of 3,157 bitcoins, with a total net investment amounting to approximately $368.5 million, reflecting an average acquisition price of $116,708 per bitcoin [2] - Recently, the company acquired an additional 85 bitcoins for approximately $10.0 million, at an average purchase price of $117,360 per bitcoin [1] Strategic Focus - Sequans views Bitcoin as a long-term investment and intends to strategically accumulate it as its primary treasury reserve asset [3] - The company's approach to acquiring Bitcoin involves using net proceeds from equity and debt issuances, as well as cash generated from operations and intellectual property monetization [3] - The combination of a strategic Bitcoin reserve and a focus on semiconductor innovation is believed to position the company for long-term value creation [4]

Sequans Communications Preliminary Second Quarter 2025 Financial Results July 31, 2025 6:00 AM EDT | Source: Sequans Communications Paris, France--(Newsfile Corp. - July 31, 2025) - Sequans Communications S.A. (NYSE: SQNS) ("Sequans" or the "Company"), a pioneer in Bitcoin Treasury and a leading provider of 5G/4G cellular IoT semiconductor solutions, today announced preliminary financial results for the second quarter ended June 30, 2025. Second Quarter 2025 Summary Preliminary Results Table (*): | (in US$ ...