Sequans Communications Announces Change in Ratio of American Depositary Shares to Ordinary Shares
Sequans Communications S.A. American Depositary Shares (SQNS)
Last sequans communications s.a. american depositary shares earnings: 4/23 06:00 am
Check Earnings Report
US:NYSE Investor Relations:
sequans.com/investors
Company Research
Source: Business Wire
PARIS--(BUSINESS WIRE)--Sequans Communications S.A. (NYSE: SQNS), leading provider of LTE for IoT chips and modules, today announced that its Board of Directors has approved a change in the number of its ordinary shares represented by American Depositary Shares, issued by the Bank of New York Mellon as depositary, from 1 ordinary share per ADS to 4 ordinary shares per ADS. The change in exchange ratio for the ADSs will have the same effect as a 1-for-4 reverse stock split of the ADSs. The ADSs will continue to trade on the New York Stock Exchange. Sequans' ordinary shares are not affected by the change. The Company's total outstanding share capital at present is 95,215,582 ordinary shares.Georges Karam, Sequans CEO, said, “As we are nearing the end of the cure period, we are changing the ratio of ADS to ordinary shares to meet the exchange minimum price requirement. At the same time, our visibility is improving and we look forward to significant growth next year from the IoT ramp
Show less
Read more
Impact Snapshot
Event Time:
SQNS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SQNS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SQNS alerts
High impacting Sequans Communications S.A. American Depositary Shares news events
Weekly update
A roundup of the hottest topics
SQNS
News
- Sequans Communications S.A. (NYSE: SQNS) was upgraded by analysts at StockNews.com to a "sell" rating.MarketBeat
- Abeeway Selects Sequans Low Power LTE-M/NB-IoT Cellular IoT Connectivity for Critical Asset Tracking [Yahoo! Finance]Yahoo! Finance
- Global Cellular IoT Market Size To Worth USD 45.64 Billion By 2033 | CAGR Of 22.21% [Yahoo! Finance]Yahoo! Finance
- Sequans secures standstill agreements on existing maturity of debt obligations [Seeking Alpha]Seeking Alpha
- Sequans Secures Standstill Agreements on Existing Debt Maturities [Yahoo! Finance]Yahoo! Finance
SQNS
Earnings
- 11/2/23 - Beat
SQNS
Sec Filings
- 4/25/24 - Form 6-K
- 4/9/24 - Form 6-K
- 3/25/24 - Form 6-K
- SQNS's page on the SEC website