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

Issuer:     INTRUSION INC (INTZ)
CIK:        0000736012
Form:       8-K
Filed at:   2024-02-21T23:59:59+00:00
Accession:  0001683168-24-001088
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Nasdaq grants Intrusion continued listing until April 23, 2024, subject to conditions
--------------------------------------------------------------------------------

- Panel requires creation of new preferred stock and conversion of $8.98M debt.
- Reverse stock split planned to regain $1.00 minimum bid price; both actions need shareholder approval at March 15 special meeting.
- If conditions not met by April 23, 2024, common stock will be delisted from Nasdaq.
- Company must also meet $2.5M stockholders' equity standard (Equity Standard) by that date.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/736012/000168316824001088/0001683168-24-001088-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/736012/000168316824001088/intrusion_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-24-001088

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