secwatch.observer — SEC 8-K summary
======================================

Issuer:     INTRUSION INC (INTZ)
CIK:        0000736012
Form:       8-K
Filed at:   2023-10-27T23:59:59+00:00
Accession:  0001683168-23-007467
Event type: regulatory
Sentiment:  negative
Materiality: 0.80
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Intrusion receives Nasdaq delisting notice for failing $35M market value requirement
--------------------------------------------------------------------------------

- Received Nasdaq Staff Determination on Oct 26, 2023 for non-compliance with $35M MVLS requirement for continued listing.
- Plans to request hearing before Nasdaq Hearings Panel, which will stay delisting pending decision.
- No immediate effect on trading of INTZ common stock; continues to trade on Nasdaq Capital Market.
- Company may seek alternative compliance under Equity Standard (Rule 5550(b)(1)), but no assurance of regaining compliance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/736012/000168316823007467/0001683168-23-007467-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/736012/000168316823007467/intrusion_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-23-007467

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer