Sequans closes $384 million strategic investment to launch bitcoin treasury initiative

Raise consists of $195 million pipe and $189 million in convertible debentures will use net proceeds to launch treasury strategy focused on bitcoin transaction reflects strong conviction in bitcoin as a premier asset and compelling long-term investment paris, france--(newsfile corp. - july 8, 2025) - sequans communications s.a. (nyse: sqns) ("sequans" or the "company"), a leading developer and provider of 5g/4g iot semiconductors and modules, today announced the successful closing of its previously announced debt and equity private placement offerings (the "offering") for total investment of $384 million with participation from over 40 institutional investors to implement a bitcoin treasury initiative.
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