Akin Gump Advises Lynrock Lake in $50 Million Private Financing of Sequans Communications
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(Dallas) – Sequans Communications S.A., a leading developer and provider of 5G and 4G solutions, has announced the signing of a $50 million private financing with Lynrock Lake Master Fund LP, a fund managed by Lynrock Lake LP, an investment management firm with approximately $1.2 billion of assets under management. A team from Akin Gump advised Lynrock Lake in the transaction.
The financing, which closed April 9, consists of $10 million of American Depository Shares and $40 million principal amount of convertible debt.
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The Akin Gump team advising Lynrock Lake was led by corporate partners Chip Cowell and Chris Centrich. They were joined by fellow corporate partner Patrick Hurley, investment management partners Jason Daniel and Adam Hilkemann and corporate associate Tyler Andrews.
Founded in 1945, Akin Gump Strauss Hauer & Feld LLP is a leading international law firm with more than 900 lawyers in offices throughout the United States, Europe, Asia and the Middle East.
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