Listing Alert
MIAX Sapphire
September 16, 2025 | 12:19 PM
MIAX Exchange Group - Options Markets - Corporate Action Alert: Sequans Communications S.A. (SQNS)
Sequans Communications S.A. (SQNS) has announced a reverse ADS split effective for Wednesday, September 17, 2025. On this date, the current SQNS option class will change to SQNS1. The MIAX Options Exchange, MIAX Pearl Options Exchange, MIAX Emerald Options Exchange and MIAX Sapphire Options Exchange will not list SQNS1 options. Therefore, no options on SQNS will be available for trading on Wednesday, September 17, 2025.
Sequans Communications S.A. (SQNS) will resume trading on the MIAX Options Exchange, MIAX Pearl Options Exchange, MIAX Emerald Options Exchange and MIAX Sapphire Options Exchange on Thursday, September 18, 2025.
All GTC orders resting on the MIAX order books in SQNS will be canceled at the close of business on Tuesday, September 16, 2025.
Additional details about the Sequans Communications S.A. (SQNS) reverse stock split are provided in the attached OCC Memo.
Please contact MIAX Listings with any questions at Listings@miaxglobal.com or (609) 897-7308.