---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-26-000311"
form_type: "8-K"
ticker: "INSG"
cik: "0001022652"
company_name: "INSEEGO CORP."
filed_at: "2026-01-14T23:59:59+00:00"
generated_at: "2026-05-16T10:18:44.815809+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Inseego retires all Series E preferred stock at 38% discount via $26M mix of cash, stock, and notes

## Summary
- Retired $42M liquidation value Preferred Stock for $26M aggregate consideration, a 38% discount.
- Consideration: $10M cash (3 equal installments over 12 months), 767,165 common shares, $8M additional 9.0% Senior Secured Notes due 2029.
- Preferred stock held by an affiliate of Mubadala Capital; that affiliate now holds a minority common stake.
- CFO Steven Gatoff stated the transaction simplifies capital structure, reduces obligations, and increases stockholder value.
- Common shares issued carry customary registration rights; Company to file registration statement within six months.

## SEC filing metadata
- accession: 0001683168-26-000311
- form_type: 8-K
- ticker: INSG
- cik: 0001022652
- company_name: INSEEGO CORP.
- filed_at: 2026-01-14T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1022652/000168316826000311/0001683168-26-000311-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1022652/000168316826000311/inseego_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-26-000311
- JSON: https://secwatch.observer/filing/0001683168-26-000311.json
- Plain text: https://secwatch.observer/filing/0001683168-26-000311.txt

## Key facts
- Debt Financings
  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
  source text: (iii) $8 million in additional principal amount of the Company’s existing 9.0% Senior Secured Notes due 2029
  evidence_url: https://www.sec.gov/Archives/edgar/data/1022652/000168316826000311/0001683168-26-000311-index.htm
- Material Agreements
  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
  source text: 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”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1022652/000168316826000311/0001683168-26-000311-index.htm

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