Sequans Communications S.A. (SQNS) - Material Event 6-K
Sequans Communications S.A. announced a significant debt restructuring event via Form 6-K on November 4, 2025.
Key Investor Takeaways:
- Debt Redemption: The company is redeeming 50% of the convertible debt issued on July 7, 2025.
- This represents redemption of approximately $47.25 million face value.
- Funding Source: The redemption is funded entirely through the sale of 1,000 Bitcoin.
- Strategic Implication: This action signals the use of cryptocurrency holdings to rapidly reduce short-term debt obl