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Insego关于进一步削减债务、改善资本结构的最新消息
2024-09-12 04:21
- Inseego (NASDAQ:INSG) has voluntarily paid-down $9.5M, or about 49%, of the company’s outstanding short-term loan.
- The company has also signed agreement to exchange additional $5M of convertible notes into long-term debt and equity.
- The company has also voluntarily prepaid, at no premium, an aggregate of $9.5 million to-date of the company’s obligations under the Loan and Security agreement.
- As a result of these repayments, the amount outstanding under the Loan Agreement has been reduced to $10M.
- Source: Press Release
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