Sequans Communications (SQNS) Files $110M IPO

March 22, 2011 5:35 PM UTC
Sequans Communications S.A. (NYSE: SQNS) filed a registration statement with the U.S. Securities and Exchange Commission today for an Initial Public Offering of their American Depositary Shares. The proposed maximum aggregate offering price is $110 million. The company has filed to list their shares on the New York Stock Exchange under the ticker "SQNS."

Te offering is being made through UBS Investment Bank, Jefferies, Baird, Needham & Company, LLC, and Natixis.

Sequans is a leading fabless designer, developer and supplier of 4G semiconductor solutions for wireless broadband applications.


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UBS, Jefferies & Co, Robert W Baird, Needham & Company