Sequans Communications Regains NYSE Compliance

Sequans Communications S A ( (SQNS) ) has issued an announcement.

On April 3, 2025, Sequans Communications S.A. announced that it has regained compliance with the New York Stock Exchange (NYSE) continued listing standards. This follows a notification from the NYSE on April 9, 2024, regarding non-compliance due to low market capitalization and stockholders’ equity. Sequans addressed these issues by adjusting the ratio of its ordinary shares represented by ADSs and completing a $200 million strategic transaction, which increased stockholders’ equity and market capitalization. These measures led to Sequans meeting all applicable NYSE listing requirements, strengthening its industry positioning and reassuring stakeholders of its commitment to growth and innovation in the cellular IoT space.

More about Sequans Communications S A

Sequans Communications S.A. is a leading semiconductor company specializing in wireless cellular technology for the Internet of Things (IoT). The company offers a wide range of solutions, including chips, modules, IP, and services, with platforms optimized for IoT, delivering breakthroughs in wireless connectivity, power efficiency, security, and performance. Established in 2003, Sequans is headquartered in France and has a global presence with offices in the United States, United Kingdom, Israel, Hong Kong, Singapore, Finland, Taiwan, and China.

YTD Price Performance: -39.77%

Average Trading Volume: 97,138

Technical Sentiment Signal: Strong Buy

Current Market Cap: $52.54M

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