Renaissance Capital logo

Sequans Communications quiet period ends May 25

May 20, 2011

Sequans Communications S.A., which fabless supplier of next generation (4G) wireless broadband chipsets, will see its quiet period end on Wednesday, May 25. On April 14, the company raised $77 million by offering 7.7 million shares at $10, below the range of $11 to $13. UBS Investment Bank and Jefferies & Co. acted as lead managers on the deal.