Inseego Corp. has announced the repurchase of all its outstanding Fixed-Rate Cumulative Perpetual Preferred Stock, Series E, which had a liquidation preference of $42 million as of December 31, 2025. The company retired the preferred stock in exchange for $26 million in total consideration, representing a 38% discount. The consideration included $10 million in cash, $8 million in principal amount of Inseego's existing 9.0% Senior Secured Notes due 2029, and approximately 767,000 shares of the company's common stock. The cash portion will be paid in three equal installments over a 12-month period. This transaction is intended to simplify and strengthen Inseego's capital structure and reduce its long-term obligations.

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