SCHEDULE: Leviticus Partners Reports 5% Stake in Sequans

Leviticus Partners LP has disclosed beneficial ownership of 5.0% of Sequans Communications' American Depositary Shares, representing 750,112 shares.

Summary

• Leviticus Partners LP has filed a Schedule 13G, indicating beneficial ownership of 750,112 American Depositary Shares (ADS) of Sequans Communications.
• This holding represents 5.0% of the class of securities.
• Leviticus Partners LP has sole voting power and sole dispositive power over these shares.
• The filing was made on May 19, 2026, and is in accordance with Rule 13d-1(b).
• Adam M Hutt, Managing Member of Leviticus Partners LP, certified that the securities were acquired and are held in the ordinary course of business and not for the purpose of influencing control of the issuer.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it primarily reports an existing ownership stake rather than new financial performance or strategic shifts.

Positives

• Leviticus Partners LP has acquired a significant stake, reaching the 5% threshold, which may indicate confidence in Sequans Communications' future prospects.
• The filing confirms that the shares are held in the ordinary course of business, suggesting a standard investment approach rather than a hostile takeover attempt.

Risks

• While not explicitly stated as a risk, a 5% stake by an investment firm could lead to increased scrutiny or potential activism if the firm's investment objectives diverge from management's strategy.
• The filing does not provide details on the acquisition cost or the investment thesis, leaving potential investors to infer the firm's intentions.

Future Outlook

The filing itself does not contain forward-looking statements or guidance from Sequans Communications. It solely reports the ownership stake of Leviticus Partners LP.

Management Comments

• Adam M Hutt, Managing Member of Leviticus Partners LP, certified that the securities were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities.

Industry Context

StockSavvy.ai notes that significant ownership filings like this Schedule 13G are common in the semiconductor and telecommunications sectors, often indicating institutional interest or strategic investment plays.

Stakeholder Impact

• Shareholders: The disclosure may lead to increased interest in Sequans Communications, potentially influencing trading activity. It signals that at least one institutional investor sees value in the company.
• Management: The company's management will be aware of Leviticus Partners LP's significant stake, which could influence strategic decisions and communications.

Next Steps

• Leviticus Partners LP will continue to hold or potentially adjust its stake in Sequans Communications.
• Further filings may be required if Leviticus Partners LP's ownership stake changes significantly.

Key Dates

Keywords

Sequans Communications, Leviticus Partners LP, Schedule 13G, American Depositary Shares, Beneficial Ownership, 5% Stake, Investment Management, SEC Filing