Brief: Inseego Corp - Nokia To Invest Additional $10 Million In Inseego, Raising Ownership To 11%

Nokia Oyj

30/04/2026 11:50

April 30 (Reuters) - Inseego Corp INSG.O:

INSEEGO CORP - NOKIA TO INVEST ADDITIONAL $10 MILLION IN INSEEGO, RAISING OWNERSHIP TO 11%

INSEEGO CORP - NOKIA WILL RECEIVE APPROXIMATELY A 7% EQUITY STAKE IN INSEEGO IN FORM OF COMMON STOCK AND WARRANTS, REPRESENTING A VALUE OF US$20 MILLION

INSEEGO CORP - TO ACQUIRE NOKIA'S FIXED WIRELESS ACCESS BUSINESS

INSEEGO CORP: AGREEMENT NOT FINANCIALLY MATERIAL TO NOKIA

INSEEGO CORP: AT CLOSE OF DEAL, NOKIA TO MAKE $10 MILLION INVESTMENT IN INSEEGO IN FORM OF COMMON STOCK & WARRANTS, BRINGING ITS TOTAL OWNERSHIP TO 11%

Source text: ID:nGNE6VwF6h

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