Investor Presentaiton
Capital - fully diluted as of 20 February, 2024
February 20, 2024
Shares
ADS
Total issued shares/ADS
246,769,256
61,692,314
Fully Diluted at maturity of all debt, assuming all warrants/SO exercised:
Convertible debt and warrants
SEQUANS
2019 Aug, $3.281/ADS conv price, 13.5% PIK at maturity
2021 Lynrock, $7.66/ADS conv price, assuming PIK 6% all years
Nokomis Warrants, $6.80/ADS exer price, exp 04/2024
Nokomis Warrants, $4.12/ADS exer price, exp 08/2026
Nokomis Warrants, $3.2328/ADS exer price, exp 08/2026
Harbert Warrants, $5.36/ADS exer price, exp 10/2028
Concord Warrants, €0.08/ADS exer price, exp 02/2034
Unvested RSA
24,877,619
6,219,405
1,800,000
450,000
594,680
148,670
1,244,820
311,205
816,716
204,179
9,392,986
2,348,247
12,508,943
3,127,236
Fully diluted shares/ADS
298,005,020 74,501,255
©2024 Sequans Communications
22
22View entire presentation