AG˹ٷ

STOCK TITAN

[6-K/A] Sequans Communications S.A. American Amended Current Report (Foreign Issuer)

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
6-K/A
Rhea-AI Filing Summary

On June 26, 2025, Kartoon Studios, Inc. (TOON) filed a Form 4 indicating that Director Cynthia Turner-Graham acquired 6,805 shares of the company’s common stock. The transaction is coded “A� (acquisition) and carries a stated price of $0.00, implying the shares were received through a grant or other non-cash mechanism rather than an open-market purchase. After the transaction, the director’s direct beneficial ownership rose to 52,884 shares.

No derivative securities were acquired or disposed of in this filing. The only footnote references the company’s 10-for-1 reverse stock split that took effect on February 6, 2023, which consolidated every 10 shares into one.

Although the absolute size of the purchase is modest compared with typical market volumes, insider share accumulation—especially by a board member—can be viewed as a marginally constructive signal of alignment with shareholder interests. However, because the cost basis is zero, the action may simply represent routine board compensation rather than discretionary buying. As such, the immediate market impact is expected to be limited.

Il 26 giugno 2025, Kartoon Studios, Inc. (TOON) ha presentato un Modulo 4 che indica che la Direttrice Cynthia Turner-Graham ha acquisito 6.805 azioni del capitale sociale della società. La transazione è classificata come "A" (acquisizione) e riporta un prezzo dichiarato di 0,00 $, suggerendo che le azioni sono state ottenute tramite una concessione o un altro meccanismo non monetario, anziché tramite un acquisto sul mercato aperto. Dopo la transazione, la proprietà beneficiaria diretta della direttrice è salita a 52.884 azioni.

Non sono stati acquisiti né ceduti titoli derivati in questa comunicazione. L'unica nota fa riferimento al frazionamento azionario inverso 10-per-1 della società, entrato in vigore il 6 febbraio 2023, che ha consolidato ogni 10 azioni in una sola.

Nonostante la dimensione assoluta dell'acquisto sia modesta rispetto ai volumi di mercato tipici, l'accumulo di azioni da parte degli insider � in particolare di un membro del consiglio � può essere interpretato come un segnale leggermente positivo di allineamento con gli interessi degli azionisti. Tuttavia, dato che il costo di base è zero, l'operazione potrebbe semplicemente rappresentare una normale compensazione da parte del consiglio piuttosto che un acquisto discrezionale. Pertanto, l'impatto immediato sul mercato è previsto limitato.

El 26 de junio de 2025, Kartoon Studios, Inc. (TOON) presentó un Formulario 4 indicando que la Directora Cynthia Turner-Graham adquirió 6.805 acciones de las acciones comunes de la empresa. La transacción está codificada como “A� (adquisición) y tiene un precio declarado de $0.00, lo que implica que las acciones se recibieron mediante una concesión u otro mecanismo no monetario, en lugar de una compra en el mercado abierto. Tras la transacción, la propiedad beneficiaria directa de la directora aumentó a 52.884 acciones.

No se adquirieron ni dispusieron valores derivados en esta presentación. La única nota hace referencia a la división inversa de acciones 10 a 1 de la compañía que entró en vigor el 6 de febrero de 2023, consolidando cada 10 acciones en una.

Aunque el tamaño absoluto de la compra es modesto en comparación con los volúmenes típicos del mercado, la acumulación de acciones por parte de un insider —especialmente un miembro del consejo� puede considerarse una señal ligeramente constructiva de alineación con los intereses de los accionistas. Sin embargo, dado que el costo base es cero, la acción podría representar simplemente una compensación rutinaria del consejo en lugar de una compra discrecional. Por lo tanto, se espera que el impacto inmediato en el mercado sea limitado.

2025� 6� 26�, Kartoon Studios, Inc. (TOON)은 이사 Cynthia Turner-Graham가 회사� 보통� 6,805주를 취득했다� 내용� 담은 Form 4� 제출했습니다. � 거래� “A�(취득)� 분류되며 명시� 가격은 $0.00으로, 이는 주식� 공개 시장에서 구매� 것이 아니� 보조금이� 기타 비현� 방식으로 수령되었음을 의미합니�. 거래 � 이사� 직Ϊ 실질 소유 주식 수는 52,884�� 증가했습니다.

이번 신고에서� 파생 증권� 취득이나 처분� 없었습니�. 유일� 주석은 2023� 2� 6일에 시행� 10대 1 역병�(리버� 스톡 스플�)� 관� 것으�, 10주를 1주로 통합� 내용입니�.

구매 규모� 일반적인 시장 거래량에 비해 소규모이지�, 특히 이사� 구성원의 내부� 주식 축적은 주주 이익과의 일치성을 시사하는 다소 긍정적인 신호� � � 있습니다. 그러� 취득 원가가 0이므� 이번 조치� 임의 매수라기보다 이사� 보상� 일환� 가능성� 큽니�. 따라� 단기적인 시장 영향은 제한적일 것으� 예상됩니�.

Le 26 juin 2025, Kartoon Studios, Inc. (TOON) a déposé un formulaire 4 indiquant que la directrice Cynthia Turner-Graham a acquis 6 805 actions des actions ordinaires de la société. La transaction est codée « A » (acquisition) et affiche un prix déclaré de 0,00 $, ce qui suggère que les actions ont été reçues par attribution ou autre mécanisme non monétaire, plutôt que par un achat sur le marché ouvert. Après la transaction, la participation bénéficiaire directe de la directrice est montée à 52 884 actions.

Aucun titre dérivé n’a été acquis ou cédé dans ce dépôt. La seule note fait référence au regroupement d’actions inversé 10 pour 1 de la société, entré en vigueur le 6 février 2023, qui a consolidé chaque tranche de 10 actions en une seule.

Bien que la taille absolue de l’achat soit modeste comparée aux volumes de marché habituels, l’accumulation d’actions par un initié � en particulier un membre du conseil d’administration � peut être perçue comme un signal légèrement positif d’alignement avec les intérêts des actionnaires. Cependant, comme le prix de revient est nul, cette opération pourrait simplement représenter une rémunération habituelle du conseil plutôt qu’un achat discrétionnaire. Par conséquent, l’impact immédiat sur le marché devrait être limité.

Am 26. Juni 2025 reichte Kartoon Studios, Inc. (TOON) ein Formular 4 ein, das angibt, dass Direktorin Cynthia Turner-Graham 6.805 Aktien der Stammaktien des Unternehmens erworben hat. Die Transaktion ist als „A� (Erwerb) codiert und weist einen angegebenen Preis von 0,00 $ auf, was darauf hindeutet, dass die Aktien durch eine Zuteilung oder einen anderen nicht-barwertigen Mechanismus erhalten wurden, anstatt durch einen Kauf am offenen Markt. Nach der Transaktion erhöhte sich das direkte wirtschaftliche Eigentum der Direktorin auf 52.884 Aktien.

In dieser Meldung wurden keine derivativen Wertpapiere erworben oder veräußert. Die einzige Fußnote verweist auf den 10-zu-1 Reverse Stock Split des Unternehmens, der am 6. Februar 2023 wirksam wurde und jeweils 10 Aktien zu einer zusammenfasste.

Obwohl die absolute Größe des Kaufs im Vergleich zu typischen Marktvolumina gering ist, kann die Ansammlung von Aktien durch Insider � insbesondere durch ein Vorstandsmitglied � als ein leicht positives Signal für die Ausrichtung an den Interessen der Aktionäre gewertet werden. Da die Anschaffungskosten jedoch null betragen, könnte die Handlung auch einfach eine routinemäßige Vergütung des Vorstands darstellen und nicht einen diskretionären Kauf. Daher wird die unmittelbare Marktreaktion voraussichtlich begrenzt sein.

Positive
  • Director acquired 6,805 common shares, lifting direct ownership to 52,884, which can be interpreted as a modest vote of confidence.
Negative
  • None.

Insights

TL;DR Director added 6,805 shares at $0; stake now 52,884—small, likely compensatory grant; neutral-to-slightly-positive signal.

The Form 4 shows a non-market acquisition at no cost, suggesting a restricted stock or board compensation grant rather than voluntary buying. The increase represents a tiny fraction of Kartoon Studios� outstanding shares, so dilution is immaterial and the purchase does not meaningfully change insider ownership percentages. While insider accumulation can indicate confidence, the zero-dollar price tempers the signal’s strength. I therefore view the disclosure as informational with minimal fundamental impact.

TL;DR Routine equity award enhances board alignment but lacks size to materially sway governance or investor sentiment.

Providing stock to directors is common practice to align long-term incentives with shareholders. Turner-Graham now owns 52,884 shares, reinforcing this alignment. The absence of derivative activity and the modest share count indicate a straightforward, low-risk governance event. No red flags—such as accelerated sales or complex option structures—are present. Investors should monitor cumulative insider trends for stronger directional insights.

Il 26 giugno 2025, Kartoon Studios, Inc. (TOON) ha presentato un Modulo 4 che indica che la Direttrice Cynthia Turner-Graham ha acquisito 6.805 azioni del capitale sociale della società. La transazione è classificata come "A" (acquisizione) e riporta un prezzo dichiarato di 0,00 $, suggerendo che le azioni sono state ottenute tramite una concessione o un altro meccanismo non monetario, anziché tramite un acquisto sul mercato aperto. Dopo la transazione, la proprietà beneficiaria diretta della direttrice è salita a 52.884 azioni.

Non sono stati acquisiti né ceduti titoli derivati in questa comunicazione. L'unica nota fa riferimento al frazionamento azionario inverso 10-per-1 della società, entrato in vigore il 6 febbraio 2023, che ha consolidato ogni 10 azioni in una sola.

Nonostante la dimensione assoluta dell'acquisto sia modesta rispetto ai volumi di mercato tipici, l'accumulo di azioni da parte degli insider � in particolare di un membro del consiglio � può essere interpretato come un segnale leggermente positivo di allineamento con gli interessi degli azionisti. Tuttavia, dato che il costo di base è zero, l'operazione potrebbe semplicemente rappresentare una normale compensazione da parte del consiglio piuttosto che un acquisto discrezionale. Pertanto, l'impatto immediato sul mercato è previsto limitato.

El 26 de junio de 2025, Kartoon Studios, Inc. (TOON) presentó un Formulario 4 indicando que la Directora Cynthia Turner-Graham adquirió 6.805 acciones de las acciones comunes de la empresa. La transacción está codificada como “A� (adquisición) y tiene un precio declarado de $0.00, lo que implica que las acciones se recibieron mediante una concesión u otro mecanismo no monetario, en lugar de una compra en el mercado abierto. Tras la transacción, la propiedad beneficiaria directa de la directora aumentó a 52.884 acciones.

No se adquirieron ni dispusieron valores derivados en esta presentación. La única nota hace referencia a la división inversa de acciones 10 a 1 de la compañía que entró en vigor el 6 de febrero de 2023, consolidando cada 10 acciones en una.

Aunque el tamaño absoluto de la compra es modesto en comparación con los volúmenes típicos del mercado, la acumulación de acciones por parte de un insider —especialmente un miembro del consejo� puede considerarse una señal ligeramente constructiva de alineación con los intereses de los accionistas. Sin embargo, dado que el costo base es cero, la acción podría representar simplemente una compensación rutinaria del consejo en lugar de una compra discrecional. Por lo tanto, se espera que el impacto inmediato en el mercado sea limitado.

2025� 6� 26�, Kartoon Studios, Inc. (TOON)은 이사 Cynthia Turner-Graham가 회사� 보통� 6,805주를 취득했다� 내용� 담은 Form 4� 제출했습니다. � 거래� “A�(취득)� 분류되며 명시� 가격은 $0.00으로, 이는 주식� 공개 시장에서 구매� 것이 아니� 보조금이� 기타 비현� 방식으로 수령되었음을 의미합니�. 거래 � 이사� 직Ϊ 실질 소유 주식 수는 52,884�� 증가했습니다.

이번 신고에서� 파생 증권� 취득이나 처분� 없었습니�. 유일� 주석은 2023� 2� 6일에 시행� 10대 1 역병�(리버� 스톡 스플�)� 관� 것으�, 10주를 1주로 통합� 내용입니�.

구매 규모� 일반적인 시장 거래량에 비해 소규모이지�, 특히 이사� 구성원의 내부� 주식 축적은 주주 이익과의 일치성을 시사하는 다소 긍정적인 신호� � � 있습니다. 그러� 취득 원가가 0이므� 이번 조치� 임의 매수라기보다 이사� 보상� 일환� 가능성� 큽니�. 따라� 단기적인 시장 영향은 제한적일 것으� 예상됩니�.

Le 26 juin 2025, Kartoon Studios, Inc. (TOON) a déposé un formulaire 4 indiquant que la directrice Cynthia Turner-Graham a acquis 6 805 actions des actions ordinaires de la société. La transaction est codée « A » (acquisition) et affiche un prix déclaré de 0,00 $, ce qui suggère que les actions ont été reçues par attribution ou autre mécanisme non monétaire, plutôt que par un achat sur le marché ouvert. Après la transaction, la participation bénéficiaire directe de la directrice est montée à 52 884 actions.

Aucun titre dérivé n’a été acquis ou cédé dans ce dépôt. La seule note fait référence au regroupement d’actions inversé 10 pour 1 de la société, entré en vigueur le 6 février 2023, qui a consolidé chaque tranche de 10 actions en une seule.

Bien que la taille absolue de l’achat soit modeste comparée aux volumes de marché habituels, l’accumulation d’actions par un initié � en particulier un membre du conseil d’administration � peut être perçue comme un signal légèrement positif d’alignement avec les intérêts des actionnaires. Cependant, comme le prix de revient est nul, cette opération pourrait simplement représenter une rémunération habituelle du conseil plutôt qu’un achat discrétionnaire. Par conséquent, l’impact immédiat sur le marché devrait être limité.

Am 26. Juni 2025 reichte Kartoon Studios, Inc. (TOON) ein Formular 4 ein, das angibt, dass Direktorin Cynthia Turner-Graham 6.805 Aktien der Stammaktien des Unternehmens erworben hat. Die Transaktion ist als „A� (Erwerb) codiert und weist einen angegebenen Preis von 0,00 $ auf, was darauf hindeutet, dass die Aktien durch eine Zuteilung oder einen anderen nicht-barwertigen Mechanismus erhalten wurden, anstatt durch einen Kauf am offenen Markt. Nach der Transaktion erhöhte sich das direkte wirtschaftliche Eigentum der Direktorin auf 52.884 Aktien.

In dieser Meldung wurden keine derivativen Wertpapiere erworben oder veräußert. Die einzige Fußnote verweist auf den 10-zu-1 Reverse Stock Split des Unternehmens, der am 6. Februar 2023 wirksam wurde und jeweils 10 Aktien zu einer zusammenfasste.

Obwohl die absolute Größe des Kaufs im Vergleich zu typischen Marktvolumina gering ist, kann die Ansammlung von Aktien durch Insider � insbesondere durch ein Vorstandsmitglied � als ein leicht positives Signal für die Ausrichtung an den Interessen der Aktionäre gewertet werden. Da die Anschaffungskosten jedoch null betragen, könnte die Handlung auch einfach eine routinemäßige Vergütung des Vorstands darstellen und nicht einen diskretionären Kauf. Daher wird die unmittelbare Marktreaktion voraussichtlich begrenzt sein.






UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 6-K/A


Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 under the Securities Exchange Act of 1934

For the month of June 2025


Commission File Number: 001-35135


Sequans Communications S.A.
(Translation of Registrant’s name into English)

15-55 boulevard Charles de Gaulle
92700 Colombes, France
Telephone : +33 1 70 72 16 00
(Address of Principal Executive Office)



Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: Form 20-F R Form 40-F £
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): Yes £ NoR
Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): Yes £ NoR
Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.  

The information in this report furnished on Form 6-K shall be incorporated by reference into each of the following Registration Statements under the Securities Act of 1933, as amended, of the registrant: Form S-8 (File Nos. 333-187611, 333-194903, 333-203539, 333-211011, 333-214444, 333-215911, 333-219430, 333-226458, 333-233473, 333-239968, 333-259914 and 333-266481) and Form F-3 (File Nos. 333-255865 and 333-271884).








EXPLANATORY NOTE

Sequans Communications S.A. is filing this Amendment No. 1 to its Form 6-K (this “Amendment”), originally filed with the Securities and Exchange Commission (the “SEC”) on June 23, 2025 (the “Original 6-K”), solely to file exhibits 4.1, 4.2, 4.3, 10.1, 10.2, 10.3, 10.4 and 10.5. This Amendment does not amend or change any of the information previously disclosed in the Original 6-K. Capitalized terms used but not defined herein shall have the meanings ascribed to them in the Original 6-K.







EXHIBIT INDEX

The following exhibit is filed as part of this Form 6-K/A:
Exhibit
Description
4.1Terms and Conditions of the Pre-Funded Warrants
4.2Terms and Conditions of the Warrants
4.3Form of Secured Convertible Debenture
10.1Form of Securities Purchase Agreement
10.2Form of Secured Convertible Debenture Purchase Agreement
10.3Form of Registration Rights Agreement
10.4Form of Registration Rights Agreement
10.5Form of Guaranty and Security Agreement






























SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

     
 
SEQUANS COMMUNICATIONS S.A.
(Registrant)
 
 
Date: June 23, 2025By:   /s/ Deborah Choate 
  Deborah Choate  
  Chief Financial Officer 
 




FAQ

What insider transaction did Kartoon Studios (TOON) report on June 26, 2025?

Director Cynthia Turner-Graham acquired 6,805 shares of common stock, according to the Form 4 filing.

How many Kartoon Studios shares does the director now own?

Following the reported transaction, Turner-Graham owns 52,884 shares directly.

Was the transaction an open-market purchase?

No. The filing lists a $0.00 transaction price, indicating the shares were likely granted rather than bought on the open market.

Were any derivative securities involved in this Form 4?

No derivative securities were acquired or disposed of; only common stock was reported.

Does the filing mention Kartoon Studios' 2023 reverse stock split?

Yes. A footnote notes the 10-for-1 reverse stock split completed on February 6, 2023.
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