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Sequans Announces $50 Million Financing to Strengthen Balance Sheet

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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. ....

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Sequans Communications S.A. (NYSE:SQNS) - Sequans To Raise $50M Via Private Institutional To Drive 5G, Broadband Business

Sequans Communications S.A. (NYSE:SQNS) - Sequans To Raise $50M Via Private Institutional To Drive 5G, Broadband Business
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Where Do Hedge Funds Stand On Boingo Wireless Inc (WIFI)?

Where Do Hedge Funds Stand On Boingo Wireless Inc (WIFI)?
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