InvestorsHub Logo

matt24d

04/15/15 5:17 PM

#343853 RE: onkelhubert #343852

Nice looks line all the shares went to one institutional investor. Also they were sold at 1.85 a share. Not to bad!

4G chipmaker Sequans Communications S.A. (NYSE: SQNS) today announced that it has completed the sale of a convertible note in the principal amount of $12 million to a single institutional investor in a private placement transaction. The company intends to use the proceeds for general corporate purposes.