Sequans (SQNS) director lists ADS stake and multiple warrant positions
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
SEQUANS COMMUNICATIONS director Jehoshua Zvi Slonimsky reports his existing equity holdings. He holds American Depositary Shares representing 1,986,300 underlying ordinary shares, with each ADS equal to 100 ordinary shares as described in the footnotes.
He also reports multiple series of directly held warrants over ordinary shares, with underlying amounts such as 360,000 shares at an exercise price of 0.1500 per ordinary share expiring on June 30, 2035, and 360,000 shares at an exercise price of 0.1300 per ordinary share expiring on June 28, 2034. Additional warrant positions carry exercise prices from 0.5400 to 3.3100 per ordinary share with expirations between 2026 and 2033.
Positive
- None.
Negative
- None.
Insider Trade Summary
11 transactions reported
Mixed
11 txns
Insider
Slonimsky Jehoshua Zvi
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | American Depositary Share | -- | -- | -- |
| holding | Warrants | -- | -- | -- |
| holding | Warrants | -- | -- | -- |
| holding | Warrants | -- | -- | -- |
| holding | Warrants | -- | -- | -- |
| holding | Warrants | -- | -- | -- |
| holding | Warrants | -- | -- | -- |
| holding | Warrants | -- | -- | -- |
| holding | Warrants | -- | -- | -- |
| holding | Warrants | -- | -- | -- |
| holding | Warrants | -- | -- | -- |
Holdings After Transaction:
American Depositary Share — 1,986,300 shares (Direct);
Warrants — 30,000 shares (Direct)
Footnotes (1)
- Each American Depositary Share represents 100 ordinary shares American Depositary Shares do not have an exercise date, exercise price nor expiration date Warrant exercise price is the price per ordinary share; there are 100 ordinary shares represented by each American Depositary Share
FAQ
What does the SQNS Form 3 filing by Jehoshua Zvi Slonimsky show?
The Form 3 discloses Slonimsky’s existing ownership in SEQUANS COMMUNICATIONS, including American Depositary Shares and several warrant positions over ordinary shares, establishing his baseline holdings as a director at the time of reporting.
What warrant holdings does Slonimsky report in the SQNS Form 3?
He reports multiple directly held warrant series over ordinary shares, including positions covering 360,000 shares at a 0.1500 exercise price and 360,000 shares at a 0.1300 exercise price, along with additional smaller tranches at higher exercise prices and varying expiration dates.
How are warrant exercise prices defined in Slonimsky’s SQNS Form 3?
The footnotes explain that each warrant exercise price is stated per ordinary share. Since each American Depositary Share represents 100 ordinary shares, the listed exercise prices apply at the ordinary-share level rather than at the ADS level.