{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-23-007754","form_type":"8-K","ticker":"INTZ","cik":"0000736012","company_name":"INTRUSION INC","filed_at":"2023-11-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.868245+00:00","generated_at":"2026-06-08T08:09:16.319150+00:00","sec_items":["1.01","3.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Intrusion raises ~$2.45M in securities offering; sells 4.36M shares and warrants at $0.60/unit","bullets":["Sold 4,359,374 shares and 2-for-1 warrants at $0.60 per share/warrant bundle, net proceeds ~$2.45M after fees.","Warrants exercisable at $0.60/share for 5 years; placement agent gets warrants for 87,187 shares at 125% of offer price.","Proceeds to fund working capital, general corporate, and potential partial repayment of Streeterville Capital debt.","Directors, officers, and certain 10% holders subject to 60-day lock-up on sale of company securities.","Company to file resale registration statement within 30-60 days; late filing penalties up to 10% of gross proceeds."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-23-007754","json":"https://secwatch.observer/filing/0001683168-23-007754.json","markdown":"https://secwatch.observer/filing/0001683168-23-007754.md","text":"https://secwatch.observer/filing/0001683168-23-007754.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/736012/000168316823007754/0001683168-23-007754-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/736012/000168316823007754/intrusion_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T08:09:16.319150+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"b1f315c45f96c1540ad027c09d2034cc75e8f35a","claim":"INTRUSION INC entered into Purchase Agreement with the purchasers identified on the signature pages to the purchase Agreement valued at aggregate offering price of $0.60 per share and warrant (effective 2023-11-08).","evidence_excerpt":"On November 8, 2023, Intrusion Inc. entered into a Securities Purchase Agreement (the “Purchase Agreement”) pursuant to which, among other things, the Company sold to the purchasers identified on the signature pages to the purchase Agreement (“Purchasers”), in a private offering (the “Offering”), an aggregate of 4,359,374 shares of its common stock (the “Shares”), each of which is coupled with a warrant to purchase two shares of common stock (the “Warrants”), at an aggregate offering price of $0.60 per share and warrant (the “Purchase Price”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/736012/000168316823007754/0001683168-23-007754-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"the purchasers identified on the signature pages to the purchase Agreement"},{"label":"Value","value":"aggregate offering price of $0.60 per share and warrant"},{"label":"Effective","value":"2023-11-08"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}