secwatch.observer — SEC 8-K summary
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Issuer:     INTRUSION INC (INTZ)
CIK:        0000736012
Form:       8-K
Filed at:   2024-04-12T23:59:59+00:00
Accession:  0001683168-24-002344
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Intrusion raises ~$549K via warrant exercise; issues new warrants
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- Warrants exercised at reduced price $3.04 for 180,668 shares; net proceeds $549,231.
- New warrants issued for 180,668 shares at $2.91 exercise price, 5-year term.
- Exercise price reduction and new warrants offered under inducement letter approved April 1, 2024.
- Issuance exempt from registration under Rule 506(b) of Securities Act.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/736012/000168316824002344/0001683168-24-002344-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/736012/000168316824002344/intrusion_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-24-002344

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