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

Issuer:     INTRUSION INC (INTZ)
CIK:        0000736012
Form:       8-K
Filed at:   2024-03-22T23:59:59+00:00
Accession:  0001683168-24-001648
Event type: other_material
Sentiment:  negative
Materiality: 0.65
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Intrusion Inc. lowers warrant exercise price to $0.20/share after Nasdaq approval
--------------------------------------------------------------------------------

- Board approved inducement letter reducing exercise price of November 2023 warrants to $0.20 per share.
- Warrants cover up to 8,718,748 shares of common stock.
- Exercise period runs March 11-29, 2024; Nasdaq approved the reduced price on March 21, 2024.
- Reduced price equals the Minimum Price as of March 11, 2024, enabling insider participation.
- Full warrant exercise could result in significant dilution for existing shareholders.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/736012/000168316824001648/0001683168-24-001648-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/736012/000168316824001648/intrusion_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-24-001648

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