PANews reported on August 26 that Sequans Communications, headquartered in Paris, France, announced the launch of an "at the market" (ATM) equity issuance program to support its long-term Bitcoin reserve strategy. The company has filed a prospectus with the U.S. Securities and Exchange Commission (SEC) and plans to issue up to $200 million in American Depositary Shares (ADSs), each representing 10 ordinary shares, through the program. Sequans CEO Georges Karam stated that the plan aims to optimize the company's finances, increase its Bitcoin reserves per share, and create long-term value for shareholders. Funds from the plan will be primarily used to continue accumulating Bitcoin, consistent with the company's established reserve strategy. The specific issuance timing and scale will be determined based on market conditions.PANews reported on August 26 that Sequans Communications, headquartered in Paris, France, announced the launch of an "at the market" (ATM) equity issuance program to support its long-term Bitcoin reserve strategy. The company has filed a prospectus with the U.S. Securities and Exchange Commission (SEC) and plans to issue up to $200 million in American Depositary Shares (ADSs), each representing 10 ordinary shares, through the program. Sequans CEO Georges Karam stated that the plan aims to optimize the company's finances, increase its Bitcoin reserves per share, and create long-term value for shareholders. Funds from the plan will be primarily used to continue accumulating Bitcoin, consistent with the company's established reserve strategy. The specific issuance timing and scale will be determined based on market conditions.

French listed company Sequans launches $200 million ATM stock program to support Bitcoin reserve strategy

2025/08/26 08:07
1 min čtení
V případě připomínek nebo obav ohledně tohoto obsahu nás prosím kontaktujte na adrese crypto.news@mexc.com

PANews reported on August 26 that Sequans Communications, headquartered in Paris, France, announced the launch of an "at the market" (ATM) equity issuance program to support its long-term Bitcoin reserve strategy. The company has filed a prospectus with the U.S. Securities and Exchange Commission (SEC) and plans to issue up to $200 million in American Depositary Shares (ADSs), each representing 10 ordinary shares, through the program.

Sequans CEO Georges Karam stated that the plan aims to optimize the company's finances, increase its Bitcoin reserves per share, and create long-term value for shareholders. Funds from the plan will be primarily used to continue accumulating Bitcoin, consistent with the company's established reserve strategy. The specific issuance timing and scale will be determined based on market conditions.

Prohlášení: Články sdílené na této stránce pochází z veřejných platforem a jsou poskytovány pouze pro informační účely. Nemusí nutně reprezentovat názory společnosti MEXC. Všechna práva náleží původním autorům. Pokud se domníváte, že jakýkoli obsah porušuje práva třetích stran, kontaktujte prosím crypto.news@mexc.com a my obsah odstraníme. Společnost MEXC nezaručuje přesnost, úplnost ani aktuálnost obsahu a neodpovídá za kroky podniknuté na základě poskytnutých informací. Obsah nepředstavuje finanční, právní ani jiné odborné poradenství, ani by neměl být považován za doporučení nebo podporu ze strany MEXC.

Roll the Dice & Win Up to 1 BTC

Roll the Dice & Win Up to 1 BTCRoll the Dice & Win Up to 1 BTC

Invite friends & share 500,000 USDT!