---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-24-007895"
form_type: "8-K"
ticker: "INSG"
cik: "0001022652"
company_name: "INSEEGO CORP."
filed_at: "2024-11-12T23:59:59+00:00"
generated_at: "2026-05-30T01:30:01.498603+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Inseego reduces 91% of 2025 convertible notes via exchange for equity and new secured debt

## Summary
- Completed exchange of $91.5M face value of 2025 convertible notes for 2.4M shares, $40.9M new 9% senior secured notes due 2029, and warrants.
- Combined with prior repurchases, total debt reduction of $147M (91% of $162M); remaining stub of ~$15M.
- New senior secured notes bear 9% interest, secured by first lien on substantially all assets, mature May 2029.
- Warrants have exercise prices $11.27-$15.77/share, expire in 4 years, issued to exchanging noteholders.
- Affiliates of Golden Harbor and North Sound may now own >5% of common stock; director James Avery affiliated.

## SEC filing metadata
- accession: 0001683168-24-007895
- form_type: 8-K
- ticker: INSG
- cik: 0001022652
- company_name: INSEEGO CORP.
- filed_at: 2024-11-12T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 3.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1022652/000168316824007895/0001683168-24-007895-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1022652/000168316824007895/inseego_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-24-007895
- JSON: https://secwatch.observer/filing/0001683168-24-007895.json
- Plain text: https://secwatch.observer/filing/0001683168-24-007895.txt

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