Sequans communications s.a. announces closing of over-allotment option related to underwritten public secondary offering of american depositary shares

Paris--(business wire)--sequans communications s.a. (nyse: sqns), (“sequans” or the “company”), a leading developer and provider of 5g and 4g chips and modules for iot devices, today announced that the underwriter of the previously announced public secondary offering of american depositary shares (the “adss”) by nokomis capital master fund, l.p. (“nokomis”) has exercised its over-allotment option (the “option”) in full to purchase 379,494 additional adss for gross proceeds to sequans of $2.09 m
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