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General

Sequans starts underwritten offering of American Depositary Shares

Tuesday 8 December 2020 | 11:04 CET | News
IoT chipmaker Sequans Communications has started an underwritten public secondary offering of its American Depositary Shares (ADS). Each ADS will represents four ordinary shares, at a nominal value of EUR 0.02 per share. The ADSs to be sold will be offered by Nokomis Capital Master Fund and will be issued in accordance with the the conversion of USD 12.4 million worth of Sequans convertible notes.

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Categories: General
Companies: Sequans
Countries: World
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