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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): October 28, 2025

 

INSEEGO CORP.

(Exact Name of Registrant as Specified in Charter)

 

 

Delaware   001-38358   81-3377646

(State or other jurisdiction

of incorporation)

 

(Commission File Number)

 

(IRS Employer

Identification No.)

 

9710 Scranton Road, Suite 200

San Diego, California 92121

(Address of principal executive offices) (Zip Code)

 

(858) 812-3400

(Registrant’s telephone number, including area code)

 

Not Applicable

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Title of each class Trading Symbol(s) Name of each exchange on which registered

Common Stock, par value $0.001 per share

INSG Nasdaq Global Select Market

 

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ☐

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

     

 

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.  

 

On October 28, 2025, the board of directors (the “Board”) of Inseego Corp. (the “Company”) approved an increase in the size of the Board from six to eight members, and appointed Stephen Bye and Nabil Bukhari as non-employee directors to fill the vacancies created by the increase in the size of the Board, with such appointments effective as of October 30, 2025.

 

Upon his appointment to the Board, Mr. Bye became a member of the class of directors with terms expiring at the 2027 Annual Meeting of the Stockholders of the Company. The Board has determined that Mr. Bye qualifies as “independent” in accordance with the published listing requirements of the Nasdaq Stock Market. Mr. Bye has not been appointed to any Board committees at this time. There is no arrangement or understanding pursuant to which Mr. Bye was appointed as a director, and there are no related party transactions between the Company and Mr. Bye that would require disclosure under Item 404(a) of Regulation S-K.

 

Upon his appointment to the Board, Mr. Bukhari became a member of the class of directors with terms expiring at the 2028 Annual Meeting of the Stockholders of the Company. The Board has determined that Mr. Bukhari qualifies as “independent” in accordance with the published listing requirements of the Nasdaq Stock Market. Mr. Bukhari has not been appointed to any Board committees at this time. There is no arrangement or understanding pursuant to which Mr. Bukhari was appointed as a director, and there are no related party transactions between the Company and Mr. Bukhari that would require disclosure under Item 404(a) of Regulation S-K.

 

For their service on the Board, Messrs. Bye and Bukhari will each receive the same compensation as other non-management directors, as described in the Company’s Definitive Proxy Statement on Schedule 14A filed with the SEC on July 29, 2025. Pursuant to these arrangements, Messrs. Bye and Bukhari will each receive an initial equity award upon joining the Board in the form of restricted stock units (“RSUs”) with an economic value of $145,000. The RSUs vest in three equal annual installments beginning with the first anniversary of the grant date.

 

In connection with the appointments of Messrs. Bye and Bukhari as directors of the Company, the Company will enter into an indemnification agreement with each of Messrs. Bye and Bukhari, the terms of which are identical in all material respects to the form of indemnification agreement that the Company has previously entered into with each of its directors, which was filed as Exhibit 10.3 to the Company’s Current Report on Form 8-K filed with the SEC on August 21, 2017 and is incorporated herein by reference.

 

Item 7.01. Regulation FD Disclosure.

 

On November 3, 2025, the Company issued a press release announcing the appointment of Stephen Bye and Nabil Bukhari to the Company’s Board of Directors. A copy of the press release is attached to this current report on Form 8-K as Exhibit 99.1.

 

The information in this Item 7.01, including Exhibit 99.1, is furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to liabilities under that section, and shall not be deemed to be incorporated by reference into the filings of the Company under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filings. This Current Report on Form 8-K will not be deemed an admission as to the materiality of any information of the information in this Item 7.01, including Exhibit 99.1.

 

 

 

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Item 9.01. Financial Statements and Exhibits.

 

(d) Exhibits.

 

The following Exhibits are filed with this report:

 

Exhibit No. Description
99.1 Press Release dated November 3, 2025
104 Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

 

 

 

 

 

 

 

 

 

 

 

 

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SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

INSEEGO CORP

 
       
Date: November 3, 2025 By: /s/ Steven Gatoff  
    Steven Gatoff  
    Chief Financial Officer  
    Date: November 3, 2025  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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EX-99.1 2 inseego_ex9901.htm PRESS RELEASE

Exhibit 99.1

 

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Inseego Strengthens Board of Directors with Experienced Operational Leaders in Carrier, AI, and SaaS

 

Nabil Bukhari and Stephen Bye bring decades of experience to Inseego’s Board of Directors as it continues to invest to drive growth and profitability

 

SAN DIEGO – November 3, 2025 – Inseego Corp. (Nasdaq: INSG), a global leader in 5G mobile broadband and 5G fixed wireless access (FWA) solutions, announced today that Nabil Bukhari and Stephen Bye are joining its Board of Directors. Both operating executives bring extensive experience in wireless networking, SaaS, and AI, combined with a strong record of driving transformation and go-to-market execution. Their backgrounds in product innovation, platform growth, and business model monetization align directly with Inseego’s strategy to expand its leadership in enterprise connectivity and grow into new markets.

 

“Nabil and Stephen are exceptional executives and operational leaders who have driven major shifts in enterprise networking, carrier strategy, and software transformation,” said Juho Sarvikas, CEO of Inseego. “Their combined experience in AI, SaaS, and carrier operations aligns directly with Inseego’s. I look forward to their input and expertise as we continue to scale our business and deliver on our strategic growth priorities.”

 

"We are delighted to welcome Nabil and Stephen to our board," said Jeff Tuder, Chairman of Inseego's Board of Directors. "Both executives are accomplished operators who bring enormous strategic and business insights across the core domains that are critical to Inseego’s future growth: carriers, enterprise networking, software, AI and other emerging technologies. Their experience scaling businesses and driving product innovation will be invaluable as Juho and the team capitalize on Inseego’s significant market opportunities."

 

Nabil Bukhari is currently President of AI Platforms and CTO at Extreme Networks (NASDAQ: EXTR), where he runs product development, engineering, and the company's subscription business. He's been focused on weaving AI into Extreme's networking products. Before Extreme, Bukhari spent years building and scaling SaaS platforms and cloud-based networking products, both at startups and larger companies. His background is in taking complex technology and making it actually work for customers.

 

“Inseego plays a defining role in the 5G conversation, setting new standards for how enterprise connectivity is built and delivered.” Bukhari said. “They’ve built technology that enterprises can trust. What really energizes me is how they’re taking that foundation and moving into new use cases and markets where connectivity isn’t optional, it’s critical. I’m looking forward to working with the board and the team to help accelerate that journey.”

 

Stephen Bye is CEO of Ookla, the leading network intelligence company and creator of the ubiquitous Speedtest product, and a division within Ziff Davis (NASDAQ: ZD). He also sits on EchoStar's board (NASDAQ: SATS).

 

Bye has spent his career helping carriers evolve and compete in new ways. At DISH, he led commercial strategy during the company’s wireless network buildout, redefining how carriers bring next-generation services to market. His earlier leadership at C Spire, Sprint, Cox Communications, and AT&T, along with international roles at BellSouth, Optus, and Telstra, give him a unique perspective on scaling and monetizing connectivity across markets.

 

"Inseego has carved out a solid position in enterprise connectivity." Bye said. "I like their focus. The FWA market is expanding, and they've got the team, the products and partnerships to grow with this market, and beyond. With 5G Advanced and 6G around the corner, Inseego as a technology leader is in a unique position. I've seen firsthand the need for advancing wireless connectivity, and I'm very excited to join Inseego's board as we define the future for enterprise wireless and focus on technology leadership."

 

 

 

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In connection with the appointments, the size of Inseego's board was increased from six to eight members.

 

About Inseego Corp.

Inseego Corp (Nasdaq: INSG) is a leading provider of cloud-managed, wireless broadband connectivity solutions. Inseego’s comprehensive hardware portfolio, combined with its Software-as-a-Service (SaaS) platform for device, network, and subscriber management, enables seamless business connectivity and simplifies subscription management, wireless deployments, and network operations for Fixed Wireless Access (FWA), IoT, and mobile networking. As an early pioneer in mobile broadband and a leading innovator in 5G for business, Inseego has delivered over 10 generations of solutions that provide unmatched speed, security, and reliability for businesses, government agencies, and educational institutions. For more information about Inseego, visit www.inseego.com.
 

 

 

Investor Relations Contact:

Matt Glover
ir@inseego.com

Media Relations Contact:

Jodi Ellis

pr@inseego.com

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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