Inseego Selected for Preliminary Inclusion in the Russell 2000® Index | INSG Stock News

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May 27, 2025
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  • Inseego (INSG, Financial) has been selected for preliminary inclusion in the Russell 2000® Index, effective after market close on June 28, 2025.
  • The inclusion is expected to enhance the company's visibility among institutional investors and index funds.
  • Inseego has undergone significant transformation under CEO Juho Sarvikas, including capital structure overhaul and balance sheet strengthening.

Inseego Corp. (INSG) announced its selection for preliminary inclusion in the Russell 2000® Index, a benchmark for small-cap U.S. equities, with the inclusion taking effect after market close on June 28, 2025. This milestone is anticipated to enhance Inseego's visibility among institutional investors and the index funds that track small-cap equities.

Under the leadership of new CEO Juho Sarvikas, Inseego has significantly transformed its operations. The company has overhauled its capital structure and strengthened its balance sheet, laying the groundwork for these positive developments. Inseego is actively expanding its Fixed Wireless Access (FWA) and mobile broadband business, alongside developing cloud-managed connectivity solutions. These strategic initiatives place the company in a favorable position to benefit from the increasing demand for secure wireless broadband solutions.

CEO Juho Sarvikas commented on the inclusion, stating that it is a reflection of the tremendous work the team has accomplished over the past year. The inclusion not only validates their progress but also supports efforts to broaden institutional awareness. CFO Steven Gatoff emphasized that significant steps have been taken to transform the company, including strengthening stockholder value.

Inseego's global footprint, along with established relationships with Tier-1 carriers and U.S.-developed intellectual property, further strengthens its market position. As the company continues to advance its strategic and financial transformation, this inclusion in the Russell 2000® Index is expected to serve as a potential catalyst for increased trading liquidity and broader market awareness.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.