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 OF SECURITIES
                                                                                  
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OMB Number: 3235-0287
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

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/YYYY)

8/18/2017
(Street)

BEIJING, F4 100015
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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   8/18/2017     A    39081   A   (1) 39081   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 7. Title and Amount of Securities Underlying Derivative Security
(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   8/18/2017     A      9446         (2) 10/24/2019   Ordinary Shares   9446     (2) 9446   D    
Stock Option (Right to Buy)   $2.23   8/18/2017     A      9446         (2) 10/15/2020   Ordinary Shares   9446     (2) 9446   D    
Stock Option (Right to Buy)   $2.92   8/18/2017     A      12677         (3) 7/23/2021   Ordinary Shares   12677     (3) 12677   D    
Stock Option (Right to Buy)   $4.86   8/18/2017     A      1039         (4) 8/3/2022   Ordinary Shares   1039     (4) 1039   D    
Stock Option (Right to Buy)   $4.86   8/18/2017     A      2031         (5) 4/26/2023   Ordinary Shares   2031     (5) 2031   D    
Stock Option (Right to Buy)   $4.86   8/18/2017     A      1039         (4) 8/10/2023   Ordinary Shares   1039     (4) 1039   D    
Stock Option (Right to Buy)   $4.86   8/18/2017     A      1983         (6) 8/15/2024   Ordinary Shares   1983     (5) 1983   D    
Stock Option (Right to Buy)   $4.86   8/18/2017     A      33064         (7) 2/6/2025   Ordinary Shares   33064     (6) 33064   D    
Stock Option (Right to Buy)   $4.86   8/18/2017     A      1719         (8) 5/29/2025   Ordinary Shares   1719     (7) 1719   D    
Stock Option (Right to Buy)   $7.18   8/18/2017     A      141703         (9) 2/11/2027   Ordinary Shares   141703     (8) 141703   D    

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.

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, F4 100015

EVP & Co-GM of Prod. Bus. Unit

Signatures
/s/ Bob Li, Attorney-in-Fact for Hareesh Ramanna 8/22/2017
** Signature of Reporting Person Date


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 control number.
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