Sequans Completes Bitcoin Treasury Exit and Emerges with a Solid Financial Foundation

Positioned to accelerate its semiconductor growth strategy through expanding product revenue, licensing opportunities and next-generation technologies

Paris, France--(Newsfile Corp. - September 24, 2026) - Sequans Communications S.A. (NYSE: SQNS) ("Sequans" or the "Company"), a leading provider of 5G/4G cellular IoT and software-defined radio (SDR) semiconductor solutions, today announced that it has completed its Bitcoin treasury exit following the sale of its remaining Bitcoin holdings, emerging with a strengthened balance sheet and a sharpened focus on executing its semiconductor growth strategy.