---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-24-001777"
form_type: "8-K"
ticker: "INTZ"
cik: "0000736012"
company_name: "INTRUSION INC"
filed_at: "2024-03-27T23:59:59+00:00"
generated_at: "2026-06-04T07:28:35.467836+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Intrusion Inc. receives Nasdaq delisting notice; 1-for-20 reverse split fails to cure bid deficiency

## Summary
- Received Nasdaq notice on March 26, 2024 that it has not regained compliance with the minimum bid price of $1.00 per share.
- Additionally, Nasdaq stated company does not meet the $5,000,000 minimum stockholders' equity initial listing requirement, disqualifying it from a second 180-day grace period.
- The company conducted a 1-for-20 reverse stock split effective March 25, 2024 to regain bid price compliance, but Nasdaq deemed it insufficient.
- The Hearings Panel previously granted the company until April 23, 2024 to regain compliance; company must submit views on the additional deficiency by April 2, 2024.
- There is no assurance that Intrusion will be able to regain or maintain compliance with Nasdaq listing criteria.

## SEC filing metadata
- accession: 0001683168-24-001777
- form_type: 8-K
- ticker: INTZ
- cik: 0000736012
- company_name: INTRUSION INC
- filed_at: 2024-03-27T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 3.01, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/736012/000168316824001777/0001683168-24-001777-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/736012/000168316824001777/intrusion_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-24-001777
- JSON: https://secwatch.observer/filing/0001683168-24-001777.json
- Plain text: https://secwatch.observer/filing/0001683168-24-001777.txt

## Key facts
- Governance Changes
  INTRUSION INC: Amendment to certificate of incorporation to effect a 1-for-20 reverse stock split of common shares (effective 2024-03-22).
  - Change: charter amendment
  - Effective: 2024-03-22
  source text: a Certificate of Amendment to Certificate of Incorporation was filed with the Delaware Secretary of State in respect of the Reverse Stock Split, and became effective for state law purposes on March 22, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/736012/000168316824001777/0001683168-24-001777-index.htm

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