---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-24-008452"
form_type: "8-K"
ticker: "INSG"
cik: "0001022652"
company_name: "INSEEGO CORP."
filed_at: "2024-12-02T23:59:59+00:00"
generated_at: "2026-05-29T10:52:10.745871+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Inseego completes sale of telematics business for $52M cash; repays $6M loan

## Summary
- Sold global telematics business (UK, EU, Australia, NZ) to Ctrack Holdings for $52 million all-cash.
- Proceeds used to repay in full the $6 million balance on the South Ocean Funding loan agreement.
- Estimated net cash proceeds after transaction costs and taxes are $43.5 million.
- Pro forma after-tax gain on disposition is $17.7 million; telematics results removed from continuing ops.
- Company now solely focused on core 5G domestic mobile and fixed wireless solutions.

## SEC filing metadata
- accession: 0001683168-24-008452
- form_type: 8-K
- ticker: INSG
- cik: 0001022652
- company_name: INSEEGO CORP.
- filed_at: 2024-12-02T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1022652/000168316824008452/0001683168-24-008452-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1022652/000168316824008452/inseego_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-24-008452
- JSON: https://secwatch.observer/filing/0001683168-24-008452.json
- Plain text: https://secwatch.observer/filing/0001683168-24-008452.txt

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