Sequans Communications S A (SQNS) has released an update.
Sequans Communications S.A. shareholders approved the majority of proposals at their combined ordinary and extraordinary meeting, with a notable exception being the rejection of a proposed capital increase reserved for employees. The meeting saw a significant turnout with over 35% of outstanding ordinary shares represented. Key resolutions included approvals for financial statements, executive compensation plans, and the issuance of various securities, amidst other standard corporate governance matters.
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