Inseego acquires Nokia's FWA business; revenue expected to roughly double

INSEEGO CORP.

Purchase consideration: 1,163,693 shares of INSG and warrants for 521,139 shares at $12.89.
Nokia invests additional $10M for 775,795 shares and 260,569 warrants; total ownership ~11%.
Transaction expected to close in Q4 2026; Nokia provides EBITDA protection for first 12 months post-close.
Shares subject to lock-up: 50% for 1 year, remaining 50% for 2 years after closing.
Inseego and Nokia plan joint go-to-market and innovation in 6G and wireless edge for AI opportunities.

item 1.01 item 3.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

INSEEGO CORP. entered into Purchase Agreement with Nokia Solutions and Networks Oy (effective 2026-04-30).

Action: entry
Agreement: asset purchase
Counterparty: Nokia Solutions and Networks Oy
Effective: 2026-04-30

Exact text from the filing

On April 30, 2026, Inseego Corp. (“Inseego”) entered into an Asset Purchase Agreement (the “Purchase Agreement”) with Nokia Solutions and Networks Oy ( “Nokia”), pursuant to which Inseego has agreed to purchase substantially all of the assets (the “Purchased Assets”) comprising Nokia’s fixed wireless access business (the “FWA Business”).

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

INSEEGO CORP. entered into Subscription Agreement with Nokia Solutions and Networks Oy valued at $10,000,000 (effective 2026-04-30).

Action: entry
Agreement: equity purchase
Counterparty: Nokia Solutions and Networks Oy
Value: $10,000,000
Effective: 2026-04-30

Exact text from the filing

On April 30, 2026, Inseego and Nokia also entered into a Subscription Agreement (the “Subscription Agreement”), pursuant to which, subject to the terms and conditions contained therein (including the Closing occurring), at the Closing, Nokia will invest $10,000,000 in cash in Inseego, for which it will receive 775,795 shares of Common Stock and warrants to purchase an aggregate of 260,569 shares of Common Stock, at an exercise price of $12.89 per share and otherwise i

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82 material agreements filed in the last 30 days. Browse all material agreements →

INSEEGO CORP. filing history →

Source: SEC EDGAR

accession 0001683168-26-003379

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