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Sequans Announces $50 Million Financing to Strengthen Balance Sheet – Consumer Electronics Net

4 hours ago Use of proceeds to include repayment of convertible debt due April 14, 2021, if not converted; repayment of euro-based venture debt, and general corporate purposes PARIS–(BUSINESS WIRE)–Sequans Communications S.A. (NYSE: SQNS), leading developer and provider of 5G and 4G solutions for broadband, critical, and massive IoT, announced today the signing of a $50 million private financing with Lynrock Lake Master Fund LP, a fund managed by Lynrock Lake LP (“Lynrock Lake”), an investment management firm with approximately $1.2 billion of assets under management. The financing consists of $10 million of American Depository Shares (ADS) and $40 million principal amount of convertible debt. The financing is scheduled to close April 9, 2021.

Sequans Communications S.A.: Sequans Announces $50 Million Financing to Strengthen Balance Sheet

Sequans Communications S.A.: Sequans Announces $50 Million Financing to Strengthen Balance Sheet Use of proceeds to include repayment of convertible debt due April 14, 2021, if not converted; repayment of euro-based venture debt, and general corporate purposes Sequans Communications S.A. (NYSE: SQNS), leading developer and provider of 5G and 4G solutions for broadband, critical, and massive IoT, announced today the signing of a $50 million private financing with Lynrock Lake Master Fund LP, a fund managed by Lynrock Lake LP ( Lynrock Lake ), an investment management firm with approximately $1.2 billion of assets under management. The financing consists of $10 million of American Depository Shares (ADS) and $40 million principal amount of convertible debt. The financing is scheduled to close April 9, 2021.

Sequans Announces $50 Million Financing to Strengthen Balance Sheet

Share: Use of proceeds to include repayment of convertible debt due April 14, 2021, if not converted; repayment of euro-based venture debt, and general corporate purposes Sequans Communications S.A. (NYSE:SQNS), leading developer and provider of 5G and 4G solutions for broadband, critical, and massive IoT, announced today the signing of a $50 million private financing with Lynrock Lake Master Fund LP, a fund managed by Lynrock Lake LP ( Lynrock Lake ), an investment management firm with approximately $1.2 billion of assets under management. The financing consists of $10 million of American Depository Shares (ADS) and $40 million principal amount of convertible debt. The financing is scheduled to close April 9, 2021.

Cobach presenta libro de relatos sobre la experiencia educativa en pandemia