SCHEDULE 13G 0001317904 XXXXXXXX LIVE Ordinary Shares, nominal value EUR0.01 per share 06/30/2025 0001383395 SEQUANS COMMUNICATIONS 817323306 15-55 BLVD CHARLES DE GAULLE LES PORTES DE LA DEFENSE Colombes I0 92700 Rule 13d-1(b) Oasis Management Company Ltd. E9 0.00 141131590.00 0.00 141131590.00 141131590.00 N 8.6 IA OO Seth Fischer 2M 0.00 141131590.00 0.00 141131590.00 141131590.00 N 8.6 HC IN SEQUANS COMMUNICATIONS 15-55 Boulevard Charles de Gaulle, 92700, Colombes, France This statement is filed by: i. Oasis Management Company Ltd., a Cayman Islands exempted company ("Oasis Management" or the "Investment Manager"), with respect to the ordinary shares, nominal value EUR0.01 per share ("Ordinary Shares") of Sequans Communications S.A. (the "Company") held by Oasis Investments II Master Fund Ltd. (the "Oasis Fund"); and ii. Seth Fischer ("Mr. Fischer"), responsible for the supervision and conduct of all investment activities of the Investment Manager, including all investment decisions with respect to the assets of the Oasis Fund, with respect to the Ordinary Shares held by the Oasis Fund. The foregoing persons are hereinafter sometimes collectively referred to as the "Reporting Persons." The filing of this statement should not be construed as an admission that any of the Reporting Persons is, for the purposes of Section 13 of the Securities Exchange Act of 1934, the beneficial owner of the securities reported herein. There is no CUSIP number assigned to the Ordinary Shares. CUSIP number 817323306 has been assigned to the American Depositary Shares ("ADSs") of the Company. Each ADS represents 10 Ordinary Shares. The address of the business office of Oasis Management is 4th Floor Anderson Square, 64 Shedden Road, P.O. Box 10324 Grand Cayman, Cayman Islands KY-1103. The address of the business office of Mr. Fischer is c/o Oasis Management (Hong Kong) 25/F, LHT Tower, 31 Queen's Road Central, Central, Hong Kong. Oasis Management is a Cayman Islands exempted company. Mr. Fischer is a citizen of Germany. N IA HC The information required by Item 4(a) is set forth in Row 9 of the cover page for each of the Reporting Persons and is incorporated herein by reference. The percentages set forth in this Schedule 13G are calculated based upon an aggregate of 1,648,032,862 Ordinary Shares outstanding, which is the sum of: (i) 255,175,722 Ordinary Shares as of June 22, 2025, as reported in Exhibit 10.1 to the Company's Report of Foreign Private Issuer on Form 6-K/A filed with the Securities and Exchange Commission (the "SEC") on June 23, 2025, and (ii) 1,392,857,140 Ordinary Shares issued in the private placement as described in Exhibit 99.1 to the Company's Report of Foreign Private Issuer on Form 6-K filed with the SEC on June 23, 2025. 8.6% The information required by Item 4(c)(i) is set forth in Row 5 of the cover page for each of the Reporting Persons and is incorporated herein by reference. The information required by Item 4(c)(ii) is set forth in Row 6 of the cover page for each of the Reporting Persons and is incorporated herein by reference. The information required by Item 4(c)(iii) is set forth in Row 7 of the cover page for each of the Reporting Persons and is incorporated herein by reference. The information required by Item 4(c)(iv) is set forth in Row 8 of the cover page for each of the Reporting Persons and is incorporated herein by reference. Y N See Item 2(a). Y Y Y N By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11. Exhibit 99.1: Joint Filing Agreement Oasis Management Company Ltd. /s/ Phillip Meyer 08/14/2025 Seth Fischer /s/ Seth Fischer 08/14/2025