Inseego repays ~$15M remaining 2025 convertible notes; total debt reduced ~75% over past year

INSEEGO CORP.

Repaid approx. $15M remaining balance on 3.25% convertible notes due 2025.
Outstanding debt now ~$40.9M in new senior 9.0% secured notes due 2029.
CFO states total debt reduced by over $100M (~75%) in past 12 months.
No change to Q1 2025 financial guidance; Q1 results due May 8, 2025.

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