Sequans Communications Regains Compliance with NYSE Listing Standard
March 07 2019 - 8:00AM
Business Wire
Sequans Communications (NYSE: SQNS) (“Sequans”) announced today
that on March 1, 2019, it received written notification from the
New York Stock Exchange (the “NYSE”) that it had regained
compliance with the NYSE continued listing standard that requires
NYSE-listed companies to maintain a minimum average closing price
of $1.00 per share over a 30 trading-day period (the “Listing
Standard”).
About Sequans Communications
Sequans Communications S.A. (NYSE: SQNS) is a leading provider
of single-mode 4G LTE wireless semiconductor solutions for Internet
of Things (IoT) and a wide range of broadband data devices. Founded
in 2003, Sequans has developed and delivered seven generations of
4G technology and its chips are certified and shipping in 4G
networks around the world. Today, Sequans offers two LTE product
lines: StreamliteLTE™, optimized for IoT and M2M devices and
StreamrichLTE™, optimized for feature-rich mobile computing and
home and portable router devices. The company is based in Paris,
France with additional offices in the United States, United
Kingdom, Sweden, Israel, Hong Kong, Singapore, Taiwan, South Korea,
and China. Visit Sequans online at www.sequans.com
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version on businesswire.com: https://www.businesswire.com/news/home/20190307005291/en/
Media relations: Kimberly Tassin (USA), +1.425.736.0569,
kimberly@sequans.comInvestor relations: Claudia Gatlin (USA), +1
212.830.9080, claudia@sequans.com
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