SEQUANS COMMUNICATIONS (SQNS) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
SQNS currently has 1.6B outstanding shares. with limited dilution risk as only 86.9M additional shares (5.4%) are authorized for issuance. The company has significantly diluted shareholders by 536.25% over the past 2 years, indicating aggressive capital raising.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| May 11, 2026 |
20-F filing | 1599.6M shares outstanding |
1.6B | 87M |
| Jul 16, 2025 |
F-3 filing: This F-3 filing discusses restrictions on the company's ability to issue securities and mentions an Exempt At-the-Market Offering and Secured Convertible Debentures. |
250M | 87M |
| Jul 16, 2025 |
F-3 filing: This is an F-3 filing related to the resale of registrable securities. |
250M | 87M |
| Apr 30, 2025 |
20-F filing | 251.4M shares outstanding |
250M | 87M |
| May 15, 2024 |
20-F filing | 246.3M shares outstanding |
250M | 87M |
| May 12, 2023 |
F-3 filing: Registration for resale of ordinary shares represented by ADSs previously issued to selling securityholders. |
190M | 87M |
| Mar 31, 2023 |
20-F filing | 193.4M shares outstanding |
190M | 40M |
| Mar 31, 2022 |
20-F filing | 151.4M shares outstanding |
150M | 40M |
| May 07, 2021 |
F-3 filing: This F-3 filing registers for resale 32,150,340 ordinary shares, which may be represented by up to 8,037,585 American Depositary Shares (ADSs), by the Selling Securityholder. |
140M | 40M |
| Apr 01, 2021 |
20-F filing | 133.9M shares outstanding |
130M | 8M |
| Nov 16, 2020 |
F-3 filing: Sequans Communication S.A. may offer, issue and sell from time to time up to US$100,000,000 of its ordinary shares, warrants and units. Certain selling securityholders may offer and sell up to 8,000,000 ADSs from time to time. |
96M | 8M |
| Mar 30, 2020 |
20-F filing | 95.6M shares outstanding |
96M | 0 |