INTZ exchanges $200k promissory note for 1,044,932 shares with Streeterville Capital

INTRUSION INC

Exchanged $200,000 principal amount of Promissory Note #1 for 1,044,932 shares of common stock (approx. $0.19 per share implied).
Shares issued under Section 3(a)(9) exemption; no restrictive legend expected.
Note partitioned from original $5.35M note; outstanding balance reduced by $200k.
Exchange shares subject to 9.99% beneficial ownership limitation.
Transaction effective March 7, 2024; shares to be delivered by March 11, 2024.

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