Sequans Communications Secures $384 Million Through Private Placement for Bitcoin Treasury Initiative

Reuters
06-23
<a href="https://laohu8.com/S/SQNS">Sequans Communications</a> Secures $384 Million Through Private Placement for Bitcoin Treasury Initiative

Sequans Communications S.A. (NYSE: SQNS), a prominent developer in the 5G/4G IoT semiconductor sector, has announced a strategic initiative to establish a bitcoin treasury. This move aligns with the company's commitment to expanding its business operations beyond its core semiconductor offerings. To support this initiative, Sequans has entered into a definitive agreement to issue and sell approximately $195 million in equity securities and $189 million in convertible senior secured notes, totaling around $384 million. The securities are being offered through private placement transactions, with Northland Capital Markets and B. Riley Securities serving as joint lead placement agents. The closing of these transactions is anticipated around July 1, 2025, pending shareholder approval and customary closing conditions.

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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001383395-25-000037), on June 23, 2025, and is solely responsible for the information contained therein.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10