Sunday, April 17, 2011

Sequans Makes NYSE Debut

Sequans Communications, a supplier of LTE and WiMAX silicon, completed an initial public offering of American Depositary Shares (ADSs), representing 7,700,000 ordinary shares, at a price to the public of $10.00 per ADS.

The company's shares are now trading on the New York Stock Exchange under the ticker symbol SQNS.

Trading closed on Friday at $8.25

Sequans is based in Paris.

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