INSEEGO CORP. — fact timeline

INSEEGO CORP. reported the quarter ended March 31, 2026 results: revenue $34.3 million, net income GAAP Net Loss of $4.5 million.

“RELEASE DATED MAY 7, 2026) --- EX-99.1 2 inseego_ex9901.htm PRESS RELEASE DATED MAY 7, 2026 Exhibit 99.1 Inseego Reports First Quarter 2026 Financial Results Q1 2026 revenue of $34.3 million Q1 2026 Adjusted EBITDA* of $1.8 million and GAAP Net Loss of $4.5 million Announced acquisition of Nokia’s Fixed Wireless Access business, expected to close Q4 2026 SAN”

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

“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”

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

“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”).”

INSEEGO CORP. entered into Exchange Agreement with an affiliate of Mubadala Capital valued at approximately $26 million (effective 2026-01-14).

“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”).”

INSEEGO CORP. incurred senior notes of $8 million in additional principal amount with an affiliate of Mubadala Capital at 9.0% maturing due 2029.

“(iii) $8 million in additional principal amount of the Company’s existing 9.0% Senior Secured Notes due 2029”

INSEEGO CORP. incurred revolving credit of $15 million with BMO Bank N.A. at Term SOFR plus an applicable margin ranging from 1.00-2.50% maturing August 5, 2028.

“North America” and, together with Inseego Wireless, the “Guarantors”; the Guarantors, together with the Borrower, the “Loan Parties”). The Working Capital Facility is a $15 million revolving secured asset-backed credit facility. Availability under the Working Capital Facility is determined by reference to a borrowing base comprised of certain percentages of”

George Mulhern was appointed as Director at INSEEGO CORP..

“appointed George Mulhern as a non-employee director to fill the vacancy created by the increase in the size of the Board, with such appointment effective as of April 30, 2025.”

Philip Brace resigned as Executive Chairman at INSEEGO CORP..

“Effective February 5, 2025, Philip Brace resigned from the board of directors (the “Board”) of Inseego Corp. (“Inseego” or the “Company”) and as Executive Chairman of the Company, in order to serve as Chief Executive Officer and as a board member of Skyworks Solutions, Inc. (Nasdaq: SWKS), an S&P 500 company.”

Juho Sarvikas was appointed as member of the Board at INSEEGO CORP..

“Mr. Sarvikas was also appointed as a member of the Board.”

Juho Sarvikas was appointed as Chief Executive Officer at INSEEGO CORP..

“The board of directors (the "Board) of Inseego Corp. ("Inseego" or the "Company") has appointed Juho Sarvikas as Chief Executive Officer of the Company, effective January 6, 2025.”

James Paul McClaskey changed role as Principal Accounting Officer at INSEEGO CORP..

“on September 30, 2024, the Board of Directors of Inseego Corp. (the “Company”) designated Mr. McClaskey as the Company’s Principal Accounting Officer, reporting-in to the Company’s Chief Financial Officer, Steven Gatoff.”

Stephanie Bowers resigned as Director at INSEEGO CORP..

“On June 30, 2024, Stephanie Bowers resigned as a member of the board of directors (the “Board”) of the Company, including from her position on the Nominating and Corporate Governance Committee, effective immediately.”

INSEEGO CORP. reported the quarter ended March 31, 2024 results: revenue $45.0 million, net income $4.5 million, EPS $(0.44) per share. Guidance reaffirmed.

“DATED MAY 9, 2024.) --- EX-99.1 2 inseego_ex9901.htm PRESS RELEASE DATED MAY 9, 2024. Exhibit 99.1 Inseego Reports First Quarter 2024 Financial Results Q1 2024 revenue of $45.0 million Q1 2024 GAAP Net Loss of $4.5 million and positive Adjusted EBITDA of $3.8 million Fifth consecutive quarter of positive Adjusted EBITDA SAN DIEGO—May 9, 2024 —Inseego Corp.”