Sequans announces ads ratio change

Paris, france--(newsfile corp. - september 4, 2025) - sequans communications s.a. (nyse: sqns) ("sequans" or the "company"), a pioneer in adopting bitcoin as its primary treasury reserve asset and a leading provider of cellular iot semiconductor solutions, today announced that its board of director has approved a plan to change the ratio of its american depositary shares ("adss") to its ordinary shares (the "ads ratio"), from the current ratio of one (1) ads to ten (10) ordinary shares to a new ratio of one (1) ads to one hundred (100) ordinary shares.
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