Welcome to our dedicated page for Sequans Communications S A SEC filings (Ticker: SQNS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Sequans Communications S.A. uses Form 6-K reports to document its foreign-private-issuer disclosures for a France-based issuer whose American depositary shares represent ordinary shares. The filings include unaudited financial results, press-release exhibits, incorporation by reference into Form S-8 and Form F-3 registration statements, and disclosures tied to its 4G/5G cellular IoT semiconductor business.
Recent filings also cover shareholder meeting materials under French corporate law, ADS voting and ordinary-share capital actions, board and management changes, NYSE continued-listing compliance, secured convertible debenture arrangements, and Bitcoin digital-asset treasury matters. These records frame Sequans’ governance, capital structure, registration capacity, and public-company reporting obligations.
Sequans Communications is calling a June 30, 2026 shareholders’ meeting to approve 2025 accounts and refresh its equity and governance framework. The statutory financial statements show a loss of €46,221,912, while consolidated accounts report a loss of US$109,278,706, both allocated to retained earnings.
Shareholders are asked to approve up to 25,000,000 stock subscription warrants for five non‑executive directors, each receiving 5,000,000 warrants at a €0.000001 subscription price, exercisable over ten years at 1/100th of the NYSE ADS closing price. The Board also seeks an overall ceiling of 150,000,000 new shares (about 10% of capital) for partner warrants and restricted free shares to employees and officers, and a separate authority to issue up to €7,500,000 in nominal share capital plus up to €15,000,000 of convertible debt for strategic transactions, all with preemptive rights waived for specified investors.
Additional items include updating non‑executive director cash compensation, renewing a director’s mandate, appointing Forvis Mazars S.A. as statutory auditor, amending bylaws to allow written board consultations and voting by correspondence, and an employee share issue authority up to 3% of capital, which the Board explicitly recommends shareholders reject.
Sequans Communications reports a Schedule 13G disclosing a 5.0% stake. Leviticus Partners, through Adam M. Hutt as Managing Member, reports beneficial ownership of 750,112 American Depositary Shares representing the class. The filing is dated 05/19/2026 and lists voting and dispositive power held solely by the reporting person.
SEQUANS COMMUNICATIONS CEO Georges M. Karam received an award of 6,000,000 Ordinary Shares as equity compensation. The Form 4 shows this as a grant/award acquisition at a price of $0.00 per share, meaning it was not an open-market purchase.
The footnotes describe the award as "restricted free shares," with all shares subject to vesting conditions. After this grant, Karam directly holds 11,472,772 Ordinary Shares, and 11,465,056 of these are subject to vesting. This reflects a large, structured compensation grant rather than a discretionary market trade.
SEQUANS COMMUNICATIONS Chief of Staff Bertrand Debray reported an equity compensation grant. He acquired 2,420,000 Ordinary Shares on a grant basis at $0.00 per share, classified as restricted free shares subject to vesting. Following this award, his direct holdings total 3,207,518 Ordinary Shares, including 3,207,500 shares that are still subject to vesting conditions. This reflects a compensation-related share award rather than an open-market purchase.
Sequans Communications S.A. files its annual report on Form 20-F for the year ended December 31, 2025, highlighting a challenging year financially and strategically. The company reports a net loss of $109.3 million, including an unrealized impairment loss of $67.4 million on its Bitcoin holdings, and an accumulated deficit of $145.1 million. Sequans outlines a new Bitcoin treasury strategy that concentrates a large portion of its assets in Bitcoin and links repayment of its Secured Convertible Debentures to Bitcoin value, exposing results and ADS trading price to continued Bitcoin volatility and regulatory scrutiny. The report emphasizes dependence on a small customer base, reliance on a single foundry, global supply chain constraints, rapid 4G/5G technology shifts, and material weaknesses in internal control over financial reporting identified in 2024 and 2025, all of which could continue to pressure profitability and increase risk.
FMR LLC filed an amendment to a Schedule 13G/A reporting ownership of common stock of SEQUANS COMMUNICATIONS SA. The filing states FMR LLC beneficially owns 138,368,200 shares, representing 8.9% of the class as of 03/31/2026. The filing also discloses that Fidelity Tactical High Income Fund held 95,056,600 shares or 6.1% as of that date. The amendment is signed under a power of attorney dated April 13, 2026.
SEQUANS COMMUNICATIONS Chief of Staff Bertrand Debray completed an open-market sale of American Depositary Shares (ADS). The transaction involved 752,700 ADS at a price of 3.3241 per ADS, each ADS representing 100 ordinary shares. Following the sale, Debray directly holds 1,431,000 ADS.
Sequans Communications reported preliminary unaudited results for Q1 2026 showing weak revenue and very large losses driven by its Bitcoin strategy and financing structure. Revenue was $6.1M, down 12.5% from Q4 2025 and 24.8% from Q1 2025, as prior-year results benefited from significant Qualcomm license and services revenue.
Gross margin fell to 37.7% from 64.5% a year earlier, reflecting a heavier mix of product sales. Operating loss widened to $50.5M, including $29.3M of digital asset impairment and $11.7M of realized Bitcoin losses linked to redeeming convertible debt and an ADS buyback. Net loss was $54.3M, or ($3.73) per diluted ADS.
On a non‑IFRS basis, which excludes major non‑cash items, net loss was still substantial at $20.7M, or ($1.42) per ADS. Cash and cash equivalents were $10.6M at March 31, 2026. The company held 1,514 Bitcoin valued at $103.2M, with $82.9M pledged as collateral for $66.2M of remaining convertible debt, highlighting continued exposure to Bitcoin price movements as it works toward fully redeeming the debt by June 1, 2026.
Sequans Communications director Hubert de Pesquidoux filed an initial Form 3 detailing his derivative holdings in company securities. He reports several series of warrants on ordinary shares, including warrants over 360,000 ordinary shares at an exercise price of 0.1300 per share expiring on June 28, 2034, and another 360,000 underlying shares at 0.1500 per share expiring on June 30, 2035. Additional warrants cover smaller blocks of ordinary shares at exercise prices ranging from 0.5400 to 3.3100 with expirations between 2026 and 2033. A footnote explains that each American Depositary Share represents 100 ordinary shares.
SEQUANS COMMUNICATIONS EVP Product Management Chuang Ping Lin has filed an initial statement of beneficial ownership. The filing reports direct ownership of 665,092 ordinary shares and American Depositary Shares representing an additional 544,900 underlying ordinary shares, with all reported shares subject to vesting. Each American Depositary Share represents 100 ordinary shares and, as disclosed, does not have an exercise date, exercise price or expiration date.