Philip Brace - Jun 28, 2024 Form 4 Insider Report for INSEEGO CORP. (INSG)

Role: Executive Chairman, Director
Signature: /s/ Kurt E. Scheuerman, Attorney-in-Fact
Stock symbol: INSG
Transactions as of: Jun 28, 2024
Transactions value $: $0
Form type: 4
Date filed: 7/2/2024, 07:18 PM
Previous filing: Jun 4, 2024
Next filing: Sep 3, 2024

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	INSG	Warrant (right to buy)	Award		+28.2K			28.2K	Jun 28, 2024	Common Stock	28.2K	$12.12	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	In connection with a Loan and Security Agreement, dated as of June 28, 2024 (the "Loan Agreement"), by and among Inseego Corp. (the "Issuer"), South Ocean Funding LLC, and the other parties thereto, the Issuer issued to the reporting person, as a participating lender under the Loan Agreement, warrants to purchase 28,205 shares of Common Stock at an exercise price of $12.12 per share. The issuance of the warrants was approved by the Issuer's board of directors pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.

Content

In connection with a Loan and Security Agreement, dated as of June 28, 2024 (the "Loan Agreement"), by and among Inseego Corp. (the "Issuer"), South Ocean Funding LLC, and the other parties thereto, the Issuer issued to the reporting person, as a participating lender under the Loan Agreement, warrants to purchase 28,205 shares of Common Stock at an exercise price of $12.12 per share. The issuance of the warrants was approved by the Issuer's board of directors pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.