Sequans Communications, a supplier of LTE and WiMAX silicon, completed an initial public offering of American Depositary Shares (ADSs), representing 7,700,000 ordinary shares, at a price to the public of $10.00 per ADS.
The company’s shares are now trading on the New York Stock Exchange under the ticker symbol SQNS.
Trading closed on Friday at $8.25
Sequans is based in Paris.
