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Wireless

Sequans ADS offering raises nearly USD 14 mln

Tuesday 8 December 2020 | 15:51 CET | News
Sequans Communications has priced its offering of 2.5 million American Depositary Shares at USD 5.50 per ADS, raising a total of USD 13.75 million. The sale is part of the conversion of its USD 12.4 million in convertible notes. The underwriters may sell another 379,500 ADS in the next 30 days to cover over-allotments, if any.

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Categories: Mobile & Wireless
Companies: Sequans
Countries: World
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