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Technology Stocks : Sequans, the investors board
SQNS 1.86+1.6%Dec 14 5:05 PM ESTNews

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From: frmrVZguy11/15/2017 12:47:46 PM
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SEC EDGAR Sched 13D Nov 7 "operational improvements and strategic alternatives"

sec.gov
SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549
SCHEDULE 13D (Rule 13d-101) Under the Securities Exchange Act of 1934
Sequans Communications S.A. (Name of Issuer)...
The Reporting Persons have engaged, and intend to continue to engage, in discussions with the Issuer’s management and board of directors (the “Board”) regarding the composition of the Board and senior management team as well as means to enhance stockholder value, including capital allocation, operational improvements and strategic alternatives...
In addition, pursuant to the Board Observer Rights Letter dated as of October 30, 2017 by and between the Issuer and the Reporting Persons, the Issuer agreed to grant the Reporting Persons board observer rights, and the Board has agreed to recommend to shareholders that they elect, at the next annual shareholders’ meeting in June 2018, a representative of the Reporting Persons to serve as a director of the Issuer. A copy of the Board Observer Rights Letter is attached to the Issuer’s Form 6-K as Exhibit 99.5 and incorporated herein by reference...
Depending on various factors including, without limitation, the Issuer’s financial position and investment strategy, the price levels of the Common Stock, conditions in the securities markets and general economic and industry conditions, the Reporting Persons may in the future take such actions with respect to their investment in the Issuer as they deem appropriate including, without limitation, engaging in communications with management and the Board, engaging in discussions with stockholders of the Issuer and others about the Issuer and the Reporting Persons’ investment, making proposals to the Issuer concerning changes to the capitalization, ownership structure, board structure (including Board composition) or operations of the Issuer, purchasing additional Common Stock, selling some or all of their Common Stock, engaging in short selling of or any hedging or similar transaction with respect to the Common Stock, or changing their intention with respect to any and all matters

reuters.com
NOVEMBER 7, 2017 BRIEF-?Nokomis Capital LLC reports 9.9 pct stake in Sequans Communications as of Oct 30
* ?Nokomis Capital LLC? reports 9.9 percent stake in Sequans Communications as of Oct 30 - SEC filing
* ?Nokomis Capital says purchased the shares of sequans communications on belief that the common stock, when purchased, was undervalued
* Okomis Capital - also intend to discuss with sequans communications regarding capital allocation, operational improvements and strategic alternatives
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