Sec Form 4 Filing - Ramanna Hareesh @ 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

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1. Name and Address of Reporting Person Ramanna Hareesh 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 & Co-GM of Prod. Bus. Unit (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 39,081 A 39,081 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 9,446 ( 2 ) 10/24/2019 Ordinary Shares 9,446 ( 2 ) 9,446 D Stock Option (Right to Buy) $ 2.23 08/18/2017 A 9,446 ( 2 ) 10/15/2020 Ordinary Shares 9,446 ( 2 ) 9,446 D Stock Option (Right to Buy) $ 2.92 08/18/2017 A 12,677 ( 3 ) 07/23/2021 Ordinary Shares 12,677 ( 3 ) 12,677 D Stock Option (Right to Buy) $ 4.86 08/18/2017 A 1,039 ( 4 ) 08/03/2022 Ordinary Shares 1,039 ( 4 ) 1,039 D Stock Option (Right to Buy) $ 4.86 08/18/2017 A 2,031 ( 5 ) 04/26/2023 Ordinary Shares 2,031 ( 5 ) 2,031 D Stock Option (Right to Buy) $ 4.86 08/18/2017 A 1,039 ( 4 ) 08/10/2023 Ordinary Shares 1,039 ( 4 ) 1,039 D Stock Option (Right to Buy) $ 4.86 08/18/2017 A 1,983 ( 6 ) 08/15/2024 Ordinary Shares 1,983 ( 5 ) 1,983 D Stock Option (Right to Buy) $ 4.86 08/18/2017 A 33,064 ( 7 ) 02/06/2025 Ordinary Shares 33,064 ( 6 ) 33,064 D Stock Option (Right to Buy) $ 4.86 08/18/2017 A 1,719 ( 8 ) 05/29/2025 Ordinary Shares 1,719 ( 7 ) 1,719 D Stock Option (Right to Buy) $ 7.18 08/18/2017 A 141,703 ( 9 ) 02/11/2027 Ordinary Shares 141,703 ( 8 ) 141,703 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Ramanna Hareesh TWR A BLD B23 UNIV BUS PK NO. 10 JIUXIANGQIAO RD CHAOYANG DIST BEIJING, F4100015 EVP & Co-GM of Prod. Bus. Unit Signatures /s/ Bob Li, Attorney-in-Fact for Hareesh Ramanna 08/22/2017 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Received in exchange for 500,000 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 100,000 ordinary shares of Borqs. The options are fully vested. ( 3 )Received in the Merger in exchange for a stock option to acquire 134,200 ordinary shares of Borqs. The options are fully vested. ( 4 )Received in the Merger in exchange for a stock option to acquire 11,000 ordinary shares of Borqs. The options are fully vested. ( 5 )Received in the Merger in exchange for a stock option to acquire 21,500 ordinary shares of Borqs. The options are fully vested. ( 6 )Received in the Merger in exchange for a stock option to acquire 21,000 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 350,000 ordinary shares of Borqs. The options became vested as to 1/4 of the total grant on February 7, 2016, and an additional 1/48 of the total grant vests each month thereafter. ( 8 )Received in the Merger in exchange for a stock option to acquire 18,200 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. ( 9 )Received in the Merger in exchange for a stock option to acquire 1,500,000 ordinary shares of Borqs. 46.67% of the options vested on February 12, 2017, and the remaining 53.33% of the options vests in equal increments monthly over 48 months beginning January 1, 2017.

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).

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