Sequans Communications Receives NYSE Non-Compliance Notice Regarding Market Capitalization Requirements

Sequans Communications S.A. (NYSE: SQNS) received a non-compliance notice from the NYSE on September 14, 2026, due to its average global market capitalization falling below $50 million and stockholders' equity also being under $50 million. The notice does not lead to immediate delisting, and Sequans plans to submit a compliance plan to the NYSE. The company is focusing on strengthening its financial foundation and executing its semiconductor growth strategy to regain compliance.