Inseego Repays $15 million in Remaining Convertible Notes due 2025
Inseego Corp. (INSG)
Last inseego corp. earnings: 3/11 04:23 pm
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US:NASDAQ Investor Relations:
investor.inseego.com/investor-relations
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Source: GlobeNewswire
SAN DIEGO, May 01, 2025 (GLOBE NEWSWIRE) -- Inseego Corp. (Nasdaq: INSG) (the “Company”), a global leader in wireless broadband, including 5G mobile broadband, and 5G fixed wireless access (FWA) solutions, today announced that it has completed a major milestone in its overhaul of the Company’s capital structure by paying-off the remaining balance of approximately $15 million on its 3.25% convertible notes due 2025 (the “2025 Convertible Notes”). After the pay-off of the 2025 Convertible Notes, the Company has outstanding debt of approximately $40.9 million in principal amount of its new senior 9.0% secured notes due in 2029 (the “New Senior Secured Notes”). “The pay-off of the 2025 Convertible Notes represents the successful completion of a key initiative and milestone to materially reduce our debt,” said Steven Gatoff, Inseego’s Chief Financial Officer. “Over the past 12 months, we have reduced the Company’s total debt by over $100 million, or approximately 75%, which puts Inseeg
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News
- Inseego (NASDAQ:INSG) had its "sell (d-)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Inseego (NASDAQ:INSG) is now covered by analysts at Lake Street Capital. They set a "buy" rating and a $17.00 price target on the stock.MarketBeat
- Inseego to Ring The Nasdaq Stock Market Closing Bell on Monday, December 8, 2025GlobeNewswire
- Wireless Broadband Leader Inseego Provides 5G FWA for the Kajeet SmartFailover ServiceGlobeNewswire
- Inseego (NASDAQ:INSG) was upgraded by analysts at <a style="font-weight:bold" href="https://www.wallstreetzen.com/newsletters/zen-ratings?ticker=INSG&utm_campaign=getratings&utm_medium=online&utm_source=MarketBeat">Wall Street Zen</a> frMarketBeat
INSG
Earnings
- 11/6/25 - Miss
INSG
Sec Filings
- 12/4/25 - Form 4
- 12/4/25 - Form 4
- 11/24/25 - Form 4
- INSG's page on the SEC website