INSEEGO CORP. 8K

Inseego Corp. agreed to sell Nokia Solutions and Networks Oy $10 million of common stock plus a warrant for additional shares as equity consideration tied to an asset purchase transaction between the parties.

On April 30, 2026, Inseego Corp. entered into a Subscription Agreement with Nokia Solutions and Networks Oy in connection with a simultaneous Asset Purchase Agreement under which Inseego will acquire certain assets from Nokia and, as consideration, issue to Nokia 775,795 shares of Inseego common stock for an aggregate purchase price of $10 million and a warrant to purchase an additional 260,569 shares of common stock at an exercise price of $12.89 per share. The closing of the subscription will occur contemporaneously with the asset transaction closing, with customary conditions including accuracy of representations, absence of legal prohibitions, and completion of the related asset transaction, and the parties will also enter into a registration rights agreement and a lock-up arrangement to provide Nokia with resale rights while maintaining compliance with Nasdaq and securities law requirements. The warrant is exercisable from an initial exercise date in 2026 through 2030, permits cash or cashless exercise subject to a beneficial ownership cap (initially 20%), and includes standard anti-dilution adjustments for stock splits, dividends, and similar corporate actions, while Inseego undertakes to maintain Nasdaq listing and facilitate legend removal and DTC eligibility for the shares and warrant shares.

Filing Facts

CIK

1022652

Ticker

-

Form

8K

Source Type

sec

Accession

0001683168-26-003379

Alert Tier

7