Sequans Communications SA Faces NYSE Non-Compliance Notice Over Market Capitalization Standards

Reuters

2025/06/23

<a href="https://laohu8.com/S/SQNS">Sequans Communications</a> SA Faces NYSE Non-Compliance Notice Over Market Capitalization Standards

Sequans Communications S.A., a developer and provider of 5G/4G solutions for IoT devices, announced on June 23, 2025, that it received a notice from the New York Stock Exchange $(NYSE)$ regarding non-compliance with listing standards. The notice, received on June 5, 2025, indicated that Sequans failed to meet Section 802.01B of the NYSE Listed Company Manual, with an average global market capitalization and stockholders' equity both below $50 million over 30 consecutive trading days. The company has 90 days to submit a business plan to regain compliance within nine months. Sequans is currently evaluating its options and working on a plan to meet the NYSE's requirements, with its shares continuing to trade on the NYSE during this period, subject to meeting other listing standards.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sequans Communications SA published the original content used to generate this news brief via Newsfile (Ref. ID: 256450) on June 23, 2025, and is solely responsible for the information contained therein.

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The notice, received on June 5, 2025, indicated that Sequans failed to meet Section 802.01B of the NYSE Listed Company Manual, with an average global market capitalization and stockholders' equity both below $50 million over 30 consecutive trading days. The company has 90 days to submit a business plan to regain compliance within nine months. Sequans is currently evaluating its options and working on a plan to meet the NYSE's requirements, with its shares continuing to trade on the NYSE during this period, subject to meeting other listing standards.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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The notice, received on June 5, 2025, indicated that Sequans failed to meet Section 802.01B of the NYSE Listed Company Manual, with an average global market capitalization and stockholders' equity both below $50 million over 30 consecutive trading days. The company has 90 days to submit a business plan to regain compliance within nine months. Sequans is currently evaluating its options and working on a plan to meet the NYSE's requirements, with its shares continuing to trade on the NYSE during this period, subject to meeting other listing standards.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sequans Communications SA published the original content used to generate this news brief via Newsfile (Ref. ID: 256450) on June 23, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SQNS","symbol_name":"Sequans Communications","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250623:nNDL3PSLsH:1","article_id":"2545900714","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2545900714","pubTimestamp":1750672870,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Sequans Communications S.A., a developer and provider of 5G/4G solutions for IoT devices, announced on June 23, 2025, that it received a notice from the New York Stock Exchange  regarding non-compliance with listing standards. 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The notice, received on June 5, 2025, indicated that Sequans failed to meet Section 802.01B of the NYSE Listed Company Manual, with an average global market capitalization and stockholders' equity both below $50 million over 30 consecutive trading days. The company has 90 days to submit a business plan to regain compliance within nine months. Sequans is currently evaluating its options and working on a plan to meet the NYSE's requirements, with its shares continuing to trade on the NYSE during this period, subject to meeting other listing standards.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sequans Communications SA published the original content used to generate this news brief via Newsfile (Ref. 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