Sequans Secures Standstill Agreements on Existing Debt Maturities
Sequans Secures Standstill Agreements on Existing Debt Maturities
Sequans Communications S.A. (NYSE:SQNS) ("Sequans") (the "Company"), a leading developer and provider of 5G/4G solutions for IoT devices, issued a statement regarding the imminent maturity of debt obligations in the coming days.
物联网设备5G/4G解决方案的领先开发商和提供商赛肯通信有限公司（纽约证券交易所代码：SQNS）（“Sequans”）（“公司”）发布了一份关于未来几天债务即将到期的声明。
Sequans has secured standstill agreements from its three main financial debt holders, Lynrock Lake, Nokomis, and Renesas. The agreements grant an initial one-month standstill period that may be further extended subject to certain milestones being met. The goal is to provide sufficient time for the Company to effectively negotiate and finalize a new strategic transaction, thereby securing a long-term solution that aligns with the interests of all stakeholders.
Sequans已获得其三大金融债务持有者Lynrock Lake、Nokomis和瑞萨的停顿协议。这些协议规定了最初一个月的停顿期，该停顿期可能会进一步延长，但须达到某些里程碑。目标是为公司提供足够的时间来有效谈判和完成新的战略交易，从而确保符合所有利益相关者利益的长期解决方案。