As filed with the Securities and Exchange
Commission on July 21, 2020
Registration
No. 333-
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-8
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
SEQUANS COMMUNICATIONS S.A.
(Exact name of Registrant as specified in its
charter)
|
|
|
French Republic |
|
Not Applicable |
(State or other jurisdiction of
incorporation or organization)
|
|
(I.R.S. Employer
Identification No.)
|
Sequans Communications S.A.
15-55
boulevard Charles de Gaulle
92700 Colombes, France
Telephone: +33 1 70 72 16 00
(Address of Principal Executive Offices)
Stock Option Subscription Plan - 2020
Restricted Share Award Plan - 2020-1
Restricted Share Award Plan - 2020-2
BSA 2020-1 (Warrants) Issuance
Agreement
BSA 2020-2 (Warrants) Issuance
Agreement
Stock Warrants Issuance Agreement, Dated
June 29, 2020
(Full title of the plan(s))
GKL Corporate/Search, Inc.
One Capitol Mall, Suite 660
Sacramento, California 95814
Telephone: +1 916 442 7652
(Name, address, including zip code, and telephone
number, including area code, of agent for service)
Copy to:
John V. Bautista, Esq.
Brett Cooper, Esq.
Orrick, Herrington & Sutcliffe
LLP
1000 Marsh Road
Menlo Park, California 94025
Telephone: +1 650 614 7400
Facsimile: +1 650 614 7401
Indicate by check mark whether the registrant is a large
accelerated filer, an accelerated filer, a non-accelerated filer, a smaller
reporting company or an emerging growth company. See the
definitions of “large accelerated filer,” “accelerated filer,”
“smaller reporting company,” and “emerging growth company” in Rule
12b-2 of the Exchange
Act.
|
|
|
|
|
|
|
Large accelerated filer |
|
☐ |
|
Accelerated filer |
|
☑ |
|
|
|
|
Non-accelerated filer |
|
☐ |
|
Smaller reporting company |
|
☐ |
|
|
|
|
|
|
|
|
Emerging growth company |
|
☐ |
If an emerging growth company, indicate by check mark if the
registrant has elected not to use the extended transition period
for complying with any new or revised financial accounting
standards provided pursuant to Section 7(a)(2)(B) of the
Securities Act. ☐
CALCULATION OF REGISTRATION FEE
|
|
|
|
|
|
|
|
|
|
Title of each class of
securities to be registered (1)
|
|
Amount
to be
registered (2)
|
|
Proposed
maximum
offering price
per share
|
|
Proposed
maximum
aggregate
offering price
|
|
Amount of
registration fee |
Ordinary Shares, nominal value €0.02 per share (3)
|
|
252,000 |
|
$1.51 (4) |
|
$380,520 (4) |
|
$50 |
Ordinary Shares, nominal value €0.02 per share (5)
|
|
5,000,000 |
|
$1.755 (6) |
|
$8,775,000(6) |
|
$1,139 |
Restricted Shares, Options and Warrants to Purchase Ordinary
Shares
|
|
5,252,000 |
|
N/A |
|
N/A |
|
N/A |
Aggregate Registration Fee
|
|
|
|
|
|
|
|
$1,189 |
|
|
(1) |
These shares may be represented by the American
Depositary Shares (“ADSs”) of Sequans Communications S.A. (the
“Registrant”). Each ADS represents four ordinary shares. ADSs
issuable upon deposit of the ordinary shares registered hereby were
registered pursuant to separate Registration Statements on Form
F-6 (File No. 333-173002 and File
No. 333-224589, as
amended and supplemented).
|
(2) |
Pursuant to Rule 416 under the Securities Act of 1933,
as amended (the “Securities Act”), this Registration Statement on
Form S-8 (the “Registration
Statement”) shall also cover any ordinary shares which become
issuable under the Registrant’s Stock Option Subscription Plan,
Restricted Share Award Plans or BSA (Warrants) Issuance Agreements
by reason of any share dividend, share split, recapitalization or
any other similar transaction effected without the Registrant’s
receipt of consideration which results in an increase in the number
of the Registrant’s outstanding ordinary shares.
|
(3) |
Consists of 252,000 ordinary shares issuable under
outstanding warrants issued under the Registrant’s Stock Warrants
Issuance Agreement, dated June 29, 2020.
|
(4) |
Estimated in accordance with Rule 457(h) under the
Securities Act, solely for the purpose of calculating the
registration fee. The price of $1.51 per share represents the
exercise price for each ordinary share subject to outstanding
warrants issued under the Registrant’s Stock Warrants Issuance
Agreement, dated June 29, 2020.
|
(5) |
Consists of 5,000,000 ordinary shares issuable under
the Registrant’s Stock Option Subscription Plan - 2020, Restricted
Share Award Plan - 2020-1,
Restricted Share Award Plan - 2020-2, BSA 2020-1 (Warrants) Issuance Agreement
and BSA 2020-2 (Warrants)
Issuance Agreement.
|
(6) |
Estimated in accordance with Rule 457(c) and
(h) under the Securities Act, solely for the purpose of
calculating the registration fee on the basis of $1.755 per share,
which represents the average of the high and low prices of the
Registrant’s ADSs reported on the New York Stock Exchange for
July 14, 2020, divided by four, which is the number of
ordinary shares represented by each ADS.
|