<ul data-eligibleForWebStory="false"><li>Sequans Communications has closed a $384 million investment for its Bitcoin treasury initiative, comprising $195 million in equity financing and $189 million in convertible debentures.</li><li>The investment, which reflects a growing institutional interest in Bitcoin, aims to enhance financial resilience and long-term value for shareholders through Bitcoin acquisitions.</li><li>Sequans plans to partner with Swan Bitcoin for secure and transparent implementation of its Bitcoin strategy, with the intent to acquire more Bitcoin in the future using excess cash and proceeds.</li><li>The offering, not registered under the U.S. Securities Act of 1933, involved lead placement agents Northland Capital Markets and B. Riley Securities, supported by legal counsel from various firms.</li></ul>

Sequans Closes $384 Million Investment To Launch Bitcoin Treasury Initiative

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