Sequans Communications (SQNS) Material Update
Form 6-K/A filed November 4, 2025, highlights a key debt management action funded by digital assets.
Key Investor Highlights:
- Debt Reduction: Sequans is redeeming 50% of the convertible debt issued on July 7, 2025 (total face value ~$94.5M).
- Financing Source: The redemption is funded entirely through the sale of 970 Bitcoin.
- Strategic Implication: This action indicates a significant, non-traditional liquidity event and a strategic use of crypto holdings for balance sheet strengthening.
...The details regard