SAN DIEGO-May 1, 2025 - Inseego Corp. (Nasdaq: INSG), a leader in wireless broadband solutions, announced a significant achievement in its financial strategy by completing the repayment of the remaining $15 million balance on its 3.25% convertible notes due 2025. This milestone marks a crucial step in the company's capital structure management, leading to a substantial reduction in total debt over the past year by over $100 million, or approximately 75%. Following this repayment, Inseego's outstanding debt stands at approximately $40.9 million in new senior secured notes due in 2029, positioning the company on a solid financial footing for future growth.
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