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.