SCHEDULE: Sequans Communications: YA II PN Group Reduces Stake to 0.72%

YA II PN, Ltd. and its affiliated entities have reported a beneficial ownership of 0.72% in Sequans Communications, holding 1,030,859 American Depository Shares.

Summary

• YA II PN, Ltd. and its affiliates beneficially own 1,030,859 American Depository Shares of Sequans Communications.
• This represents 0.72% of the class of securities.
• The reporting group, including YA Global Investments II (U.S.), LP, Yorkville Advisors Global, LP, Yorkville Advisors Global II, LLC, YAII GP, LP, YAII GP II, LLC, Mark Angelo, and SC-Sigma Global Partners, LP, shares voting and dispositive power over these shares.
• This is an Amendment No. 1 to a Schedule 13G, indicating a change from a previous filing.
• The securities were not acquired or held for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 5

Explanation: A Schedule 13G filing is a factual disclosure of beneficial ownership and does not inherently convey positive or negative sentiment regarding the issuer's performance or prospects. This amendment indicates a passive investment position below 5%.

Future Outlook

NA

Industry Context

This filing is a standard disclosure of beneficial ownership by an investment group and does not provide specific industry context or trends for Sequans Communications. It reflects a passive investment position below the 5% threshold.

Stakeholder Impact

• This filing indicates a passive investment by YA II PN, Ltd. and its affiliates, with their stake now below 5%. This suggests a reduced influence on Sequans Communications' strategic direction for these specific investors.
• For shareholders, it provides transparency on institutional ownership changes.

Key Dates

Keywords

Sequans Communications, Schedule 13G, Beneficial Ownership, YA II PN, Investment, Equity Stake, ADS, Ordinary Shares, Yorkville Advisors