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Inseego (INSG) has provided an update.
Inseego Corp. has announced the extension of Philip G. Brace’s role as Executive Chairman for an additional six months, with the possibility of automatic renewal for another six months. Mr. Brace will be compensated with a monthly salary of $20,000 and has been granted 32,397 fully vested RSUs for past services, along with 100,000 RSUs that will vest over the next year, contingent on his ongoing tenure with the company.
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