Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.97
INSEEGO CORP. incurred senior notes of $8 million in additional principal amount with an affiliate of Mubadala Capital at 9.0% maturing due 2029.
- Instrument
- senior notes
- Principal
- $8 million in additional principal amount
- Counterparty
- an affiliate of Mubadala Capital
- Rate
- 9.0%
- Maturity
- due 2029
- Event
- incurrence
Exact text from the filing
(iii) $8 million in additional principal amount of the Company’s existing 9.0% Senior Secured Notes due 2029
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Equity Issuances
SEC 8-K Item 3.02/3.03
confidence 0.9
INSEEGO CORP. issued 767,165 shares of the Company's common stock of common stock to an affiliate of Mubadala Capital.
- Security
- common stock
- Shares
- 767,165 shares of the Company's common stock
- Purchaser
- an affiliate of Mubadala Capital
Exact text from the filing
On January 14, 2026 (the “Closing Date”), Inseego Corp. (“Inseego” or the “Company”) entered into an Exchange Agreement (the “Exchange Agreement”) with an affiliate of Mubadala Capital (the “Holder”), which held all 25,000 outstanding shares of the Company’s Fixed-Rate Cumulative Perpetual Preferred Stock, Series E (the “Preferred Stock”). Pursuant to the Exchange Agreement, on the Closing Date all of the outstanding shares of Preferred Stock, which had a liquidation value of $42 million as of December 31, 2025, were surrendered and forfeited by the Holder in exchange for the following consideration, having an aggregate value of approximately $26 million and representing a discount of approximately 38% to the liquidation value: (i) $10 million in cash, one-third of which was paid on the Closing Date and the balance of which will be paid in two equal installments on the six and twelve month anniversaries of the Closing Date; (ii) 767,165 shares of the Company’s common stock, par value $
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
INSEEGO CORP. entered into Exchange Agreement with an affiliate of Mubadala Capital valued at approximately $26 million (effective 2026-01-14).
- Action
- entry
- Counterparty
- an affiliate of Mubadala Capital
- Value
- approximately $26 million
- Effective
- 2026-01-14
Exact text from the filing
On January 14, 2026 (the “Closing Date”), Inseego Corp. (“Inseego” or the “Company”) entered into an Exchange Agreement (the “Exchange Agreement”) with an affiliate of Mubadala Capital (the “Holder”), which held all 25,000 outstanding shares of the Company’s Fixed-Rate Cumulative Perpetual Preferred Stock, Series E (the “Preferred Stock”).
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