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NASDAQ-listed company Sequans announces receiving $384 million strategic investment, launching Bitcoin treasury program
Summary: According to reports, 5G/4G IoT semiconductor and module developer and supplier Sequans Communications S.A. (NASDAQ: SQNS) announced today that it will launch a Bitcoin treasury program, signaling its strategic expansion beyond its core cellular IoT semiconductor business. To advance this program, the company has reached agreements to privately issue and sell approximately $195 million in ...
According to reports, 5G/4G IoT semiconductor and module developer and supplier Sequans Communications S.A. (NASDAQ: SQNS) announced today that it will launch a Bitcoin treasury program, signaling its strategic expansion beyond its core cellular IoT semiconductor business.
To advance this program, the company has reached agreements to privately issue and sell approximately $195 million in equity securities and $189 million in principal convertible senior notes, with a total financing size of around $384 million.
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Link: NASDAQ-listed company Sequans announces receiving $384 million strategic investment, launching Bitcoin treasury program [Copy]
