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Wireless

Sequans plans ADS issue

Wednesday 17 January 2018 | 09:12 CET | News
Sequans Communications announced that it intends to offer newly issued American Depositary Shares in an underwritten public offering. The shelf registration for the offering is already effective at the US Securities and Exchange Commission. The final terms of the offering will depend on market and other conditions at the time of pricing. Sequans said it intends to use the net proceeds from the offering for general corporate purposes.

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Categories: Mobile & Wireless
Companies: Sequans
Countries: World
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