---
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"
generated_at: "2026-06-08T08:09:16.319150+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Intrusion raises ~$2.45M in securities offering; sells 4.36M shares and warrants at $0.60/unit

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-23-007754
- JSON: https://secwatch.observer/filing/0001683168-23-007754.json
- Plain text: https://secwatch.observer/filing/0001683168-23-007754.txt

## Key facts
- Material Agreements
  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).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: the purchasers identified on the signature pages to the purchase Agreement
  - Value: aggregate offering price of $0.60 per share and warrant
  - Effective: 2023-11-08
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/736012/000168316823007754/0001683168-23-007754-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.