Sequans Expands Bitcoin Treasury to 3,234 BTC, Reinforcing Long-Term Reserve StrategyOctober 06, 2025 6:00 AM EDT | Source: Sequans CommunicationsParis, France--(Newsfile Corp. - October 6, 2025) - Sequans Communications S.A. (NYSE: SQNS), a pioneer in adopting Bitcoin as its primary treasury reserve asset and a leading provider of cellular IoT semiconductor solutions, today announced the acquisition of an additional 29 Bitcoin for approximately $3.4 million, at an average purchase price of $1 ...

Sequans Announces Launch of American Depositary Share Buyback ProgramSeptember 30, 2025 6:00 AM EDT | Source: Sequans CommunicationsParis, France--(Newsfile Corp. - September 30, 2025) - Sequans Communications S.A. (NYSE: SQNS), a pioneer in adopting Bitcoin as its primary treasury reserve asset and a leading provider of cellular IoT semiconductor solutions, today announced that its Board of Directors has authorized a program to repurchase up to 1.57 million American Depositary Shares ("ADSs") ...

Sequans Expands Business Model with Technology IP Licensing and Engineering ServicesSeptember 29, 2025 8:00 AM EDT | Source: Sequans CommunicationsParis, France--(Newsfile Corp. - September 29, 2025) - Sequans Communications S.A. (NYSE: SQNS), a leading provider of semiconductor solutions for the Internet of Things (IoT), today announced a strategic expansion of its business model with the formal launch of a new go-to-market initiative focused on technology IP licensing and engineering service ...

Core Viewpoint - Sequans Communications has launched an "at the market" (ATM) equity offering program to support its Bitcoin treasury strategy, allowing it to raise up to $200 million through the sale of American Depositary Shares [1][2][3]. Group 1: ATM Program Details - The ATM Program is established under Sequans' shelf registration statement filed with the SEC, enabling the company to sell shares at its discretion based on market conditions [2]. - The net proceeds from the ATM Program will primarily be used to accumulate Bitcoin, aligning with the company's treasury strategy [3]. Group 2: Company Strategy and Vision - Sequans aims to optimize its treasury and increase Bitcoin per share, delivering long-term value to shareholders through this program [3]. - The company views Bitcoin as a long-term investment and plans to strategically accumulate it as its primary treasury reserve asset, utilizing proceeds from equity and debt issuances as well as operational cash flow [5]. Group 3: Company Background - Founded in 2003 and headquartered in France, Sequans is a fabless semiconductor company specializing in wireless 4G/5G technology for IoT applications [7]. - The company is recognized for its innovative technologies that support AI-connected applications and aims to create long-term value through a combination of a strategic Bitcoin reserve and semiconductor innovation [6].

Core Viewpoint - Sequans Communications S.A. has announced a strategic plan to acquire 100,000 Bitcoin by the end of 2030, reflecting its commitment to Bitcoin as a foundational asset for financial resilience and long-term value creation [1][3]. Company Strategy - The company launched its Bitcoin treasury strategy on July 8, 2025, with an initial investment of $384 million through a private placement of convertible debt and equity [2]. - As of August 8, 2025, Sequans holds 3,171 BTC, making it the 22nd largest publicly traded corporate Bitcoin holder globally [2]. - The first phase of the strategy has been successfully completed, with over 3,000 BTC acquired in just one month [3]. Future Plans - Sequans aims to scale its approach to maximize Bitcoin per share and deliver sustained value to shareholders through disciplined accumulation [3]. - The company plans to implement a phased treasury strategy to establish a benchmark for responsible Bitcoin treasury management and long-term value creation [3]. - Throughout 2025, Sequans will continue building its Bitcoin foundation and plans to utilize public capital-raising tools [7]. - In 2026, the company intends to accelerate treasury growth through strategic equity issuance and Bitcoin-backed credit instruments [7]. Financial Management - Sequans will acquire and hold Bitcoin using net proceeds from equity and debt issuances, as well as cash generated from operations and intellectual property monetization [5]. - The company targets to optimize its treasury strategy and capital structure by integrating a diversified mix of Bitcoin-backed financial products by 2030 [7].

Core Viewpoint - Sequans Communications has strategically acquired additional bitcoins, increasing its total holdings to 3,171 BTC, reflecting its commitment to Bitcoin as a primary treasury reserve asset [1][2][3]. Group 1: Company Overview - Sequans Communications S.A. is a fabless semiconductor company specializing in wireless 4G/5G cellular technology for IoT and is a pioneer in Bitcoin treasury management [3]. - The company was founded in 2003 and is headquartered in France, with a global presence including offices in the United States, United Kingdom, Switzerland, Israel, Singapore, Finland, Taiwan, and China [5]. Group 2: Bitcoin Acquisition Strategy - As of August 8, 2025, Sequans has made a total net investment in Bitcoin of approximately $370 million, with an average acquisition price of $116,709 per bitcoin [2]. - The recent acquisition of 13 bitcoins for about $1.5 million was made at an average price of $117,012 per bitcoin, inclusive of fees [1]. - The company plans to continue accumulating Bitcoin using net proceeds from equity and debt issuances, as well as cash generated from operations and intellectual property monetization [3]. Group 3: Technological Focus - Sequans develops innovative technologies for AI-connected applications, including secured payment systems, smart mobility, logistics, smart cities, industrial applications, e-health, and smart homes [4]. - The company offers a comprehensive portfolio of 4G/5G solutions designed for IoT, focusing on wireless connectivity, power efficiency, security, and performance [4].

Core Viewpoint - Sequans Communications S.A. is set to release its financial results for Q2 2025 on July 31, 2025, and has adopted Bitcoin as its primary treasury reserve asset, indicating a strategic shift in its financial management [1][4]. Company Overview - Sequans Communications S.A. is a publicly listed semiconductor company specializing in wireless cellular technology for the Internet of Things (IoT) [5]. - The company designs and develops technologies that support AI-connected applications across various sectors, including secured payment, smart mobility, smart cities, and e-health [5]. - Sequans offers a comprehensive portfolio of solutions, including integrated circuits, modules, software, and protocol stacks, with platforms designed for IoT that enhance wireless connectivity, power efficiency, and security [5]. Financial Strategy - In June 2025, Sequans adopted Bitcoin as a primary treasury reserve asset, utilizing proceeds from equity and debt financing along with operational cash flows to accumulate Bitcoin as part of its long-term financial strategy [4][6]. - The combination of a strategic Bitcoin reserve and a focus on semiconductor innovation is believed to position Sequans for long-term value creation [6]. Conference Call Details - The conference call to discuss the Q2 2025 results will take place on July 31, 2025, at 8:00 a.m. ET, with participants encouraged to join at least 15 minutes early [2]. - A replay of the conference call will be available on the company's website after 9:00 a.m. ET for those unable to attend live [3].

Core Viewpoint - Sequans Communications is set to participate in a fireside chat to discuss its bitcoin treasury initiative and its semiconductor cellular IoT business on July 16, 2025 [1][2]. Company Overview - Sequans Communications S.A. is a publicly listed company that adopted Bitcoin as a primary treasury reserve asset in June 2025, aiming to strategically accumulate Bitcoin through equity and debt financing along with operational cash flows [3]. - The company specializes in wireless cellular technology for the Internet of Things (IoT), offering a comprehensive portfolio that includes integrated circuits, modules, software, and protocol stacks [4]. - Sequans focuses on delivering advanced solutions such as LTE-M/NB-IoT, 4G LTE Cat 1bis, and 5G NR RedCap/eRedCap platforms, which are designed for IoT applications, emphasizing wireless connectivity, power efficiency, security, and performance [4]. Strategic Positioning - The combination of a strategic Bitcoin reserve and a strong emphasis on semiconductor innovation is believed to position Sequans for long-term value creation [5]. - Founded in 2003 and headquartered in France, Sequans operates globally with offices in multiple countries including the United States, United Kingdom, Switzerland, Israel, Hong Kong, Singapore, Finland, Taiwan, and China [5].

Core Insights - Sequans Communications has successfully closed a $384 million strategic investment to launch a Bitcoin treasury initiative, reflecting strong conviction in Bitcoin as a premier asset and long-term investment [1][2][5] Investment Details - The investment consists of $195 million from a PIPE (Private Investment in Public Equity) and $189 million in secured convertible debentures [1][3] - The offering included the sale of 139,444,614 American Depositary Shares (ADSs) at a price of $1.40 per ADS, contributing $195 million to the gross proceeds [3] - The secured convertible debentures amount to $189 million, due July 7, 2028, with a conversion price of $2.10 per ADS [3][4] Use of Proceeds - All net proceeds from the offering will be utilized to purchase Bitcoin and for general corporate purposes related to the Bitcoin treasury strategy [2][5] - If all common warrants are exercised, the company could receive an additional $57.6 million, which will also be used primarily for Bitcoin purchases [4] Strategic Partnerships - Sequans plans to partner with Swan Bitcoin, a leading Bitcoin financial services platform, to ensure secure execution and robust governance of its Bitcoin treasury strategy [5][11] Company Overview - Sequans Communications specializes in 5G/4G IoT semiconductors and modules, focusing on innovative and scalable technologies for connected devices [9]

Core Viewpoint - Sequans Communications is launching a bitcoin treasury initiative with a strategic investment of approximately $384 million, expanding its core semiconductor cellular IoT business [1][3]. Group 1: Investment Details - The company plans to raise approximately $384 million through the issuance of about $195 million in equity securities and $189 million in convertible secured debentures [2][6]. - The offering is expected to close around July 1, 2025, pending shareholder approval on June 30, 2025 [6]. Group 2: Strategic Rationale - The CEO of Sequans expressed strong conviction in bitcoin as a premier asset, believing it will enhance financial resilience and deliver significant value to shareholders [3]. - The company intends to partner with Swan Bitcoin for bitcoin treasury management solutions [3]. Group 3: Commitment to Core Business - Despite the new initiative, Sequans remains focused on advancing its cellular IoT mission, continuing to support customers with a robust 4G and 5G product roadmap [4]. - The company aims to deliver innovative solutions to meet evolving IoT application needs [4]. Group 4: Offering Structure - The offering includes the sale of 1,392,857,140 ordinary shares and common warrants to purchase up to 208,928,460 ordinary shares, with a combined purchase price of $1.40 per ADS and common warrant [5]. - The secured convertible debentures will total $189 million, along with common warrants for an additional 202,499,980 ordinary shares [5]. Group 5: Legal and Advisory - Northland Capital Markets and B. Riley Securities are serving as joint lead placement agents for the offering, with legal counsel provided by Lowenstein Sandler LLP and ARCHERS (AARPI) [7].