---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-24-004550"
form_type: "8-K"
ticker: "INSG"
cik: "0001022652"
company_name: "INSEEGO CORP."
filed_at: "2024-07-01T23:59:59+00:00"
generated_at: "2026-05-31T23:53:16.473609+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Inseego restructures ~$125M of convertible notes: repurchase, loan, and exchange transactions

## Summary
- Bought back $45.9M face value of 3.25% convertible notes from Highbridge at 30% discount for $32.1M cash.
- Entered $19.5M secured loan facility at 12% annual interest, maturing Sept 30, 2024, with 6-month extension option.
- Exchanged $80M face value of notes from North Sound and Golden Harbor for 2.4M shares, $31.8M new 9% notes due 2029, and 1.5M warrants at $12.12/share.
- Director Stephanie Bowers resigned; 21,551 RSUs accelerated vesting.

## SEC filing metadata
- accession: 0001683168-24-004550
- form_type: 8-K
- ticker: INSG
- cik: 0001022652
- company_name: INSEEGO CORP.
- filed_at: 2024-07-01T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 3.03, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1022652/000168316824004550/0001683168-24-004550-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1022652/000168316824004550/inseego_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-24-004550
- JSON: https://secwatch.observer/filing/0001683168-24-004550.json
- Plain text: https://secwatch.observer/filing/0001683168-24-004550.txt

## Key facts
- Executive change
  Stephanie Bowers resigned as Director at INSEEGO CORP..
  - Action: resigned
  - Role: Director
  source text: On June 30, 2024, Stephanie Bowers resigned as a member of the board of directors (the “Board”) of the Company, including from her position on the Nominating and Corporate Governance Committee, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1022652/000168316824004550/0001683168-24-004550-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.