Sec Form 4 Filing - Li Bob @ Borqs Technologies, Inc. - 2017-08-18

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL OMB Number: 3235-0287 Expires: November 30, 2011 Estimated average burden hours per response... 0.5

1. Name and Address of Reporting Person Li Bob 2. Issuer Name and Ticker or Trading Symbol Borqs Technologies, Inc. [ BRQS] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) EVP Corp Affairs & China Sale (Last) (First) (Middle) TWR A BLD B23 UNIV BUS PK NO. 10, JIUXIANGQIAO RD CHAOYANG DIST 3. Date of Earliest Transaction (MM/DD/YY) 08/18/2017 (Street) BEIJING, F4100015 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Ordinary Shares 08/18/2017 A 335,626 A 335,626 D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Stock Option (Right to Buy) $ 2.23 08/18/2017 A 28,340 ( 2 ) 10/24/2019 Ordinary Shares 28,340 ( 2 ) 28 ,340 D Stock Option (Right to Buy) $ 2.92 08/18/2017 A 30,239 ( 3 ) 07/23/2021 Ordinary Shares 30,239 ( 3 ) 30,239 D Stock Option (Right to Buy) $ 2.92 08/18/2017 A 675 ( 4 ) 05/26/2022 Ordinary Shares 675 ( 4 ) 675 D Stock Option (Right to Buy) $ 4.86 08/18/2017 A 1,818 ( 5 ) 04/26/2023 Ordinary Shares 1,818 ( 5 ) 1,818 D Stock Option (Right to Buy) $ 4.86 08/18/2017 A 779 ( 6 ) 08/15/2024 Ordinary Shares 779 ( 6 ) 779 D Stock Option (Right to Buy) $ 4.86 08/18/2017 A 779 ( 7 ) 05/29/2025 Ordinary Shares 779 ( 7 ) 779 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Li Bob TWR A BLD B23 UNIV BUS PK NO. 10 JIUXIANGQIAO RD CHAOYANG DIST BEIJING, F4100015 EVP Corp Affairs & China Sale Signatures /s/ Bob Li 08/22/2017 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Received in exchange for 4,293,914 ordinary shares of Borqs International Holding Corp. ("Borqs") in connection with the merger of Borqs into Pacific Special Acquisition Corp. (the "Merger"). ( 2 )Received in the Merger in exchange for a stock option to acquire 300,000 ordinary shares of Borqs. The options became vested as to 1/4 of the total grant on October 24, 2010, and an additional 1/48 of the total grant vests each month thereafter. ( 3 )Received in the Merger in exchange for a stock option to acquire 320,100 ordinary shares of Borqs. The options became vested as to 1/4 of the total grant on July 23, 2012, and an additional 1/48 of the total grant vests each month thereafter. ( 4 )Received in the Merger in exchange for a stock option to acquire 7,150 ordinary shares of Borqs. The options became vested as to 1/4 of the total grant on May 26, 2013, and an additional 1/48 of the total grant vests each month thereafter. ( 5 )Received in the Merger in exchange for a stock option to acquire 19,250 ordinary shares of Borqs. The options became vested as to 1/4 of the total grant on April 27, 2014, and an additional 1/48 of the total grant vests each month thereafter. ( 6 )Received in the Merger in exchange for a stock option to acquire 8,250 ordinary shares of Borqs. The options became vested as to 1/4 of the total grant on May 24, 2015, and an additional 1/48 of the total grant vests each month thereafter. ( 7 )Received in the Merger in exchange for a stock option to acquire 8,250 ordinary shares of Borqs. The options became vested as to 1/4 of the total grant on May 30, 2016, and an additional 1/48 of the total grant vests each month thereafter.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.