---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-24-002590"
form_type: "8-K"
ticker: "INTZ"
cik: "0000736012"
company_name: "INTRUSION INC"
filed_at: "2024-04-23T23:59:59+00:00"
generated_at: "2026-06-03T12:54:08.657690+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Intrusion raises $2.6M in private placement to regain Nasdaq equity compliance

## Summary
- Sold 1,348,569 shares at $1.95 each, each with warrant to buy 2 shares at $1.70, raising $2.6M gross.
- Net proceeds to be used for working capital and general corporate purposes.
- CEO says offering is the final step to satisfy Nasdaq minimum equity standard (Rule 5550(b)(1)).
- Shares and warrants not registered; no registration rights.

## SEC filing metadata
- accession: 0001683168-24-002590
- form_type: 8-K
- ticker: INTZ
- cik: 0000736012
- company_name: INTRUSION INC
- filed_at: 2024-04-23T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/736012/000168316824002590/0001683168-24-002590-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/736012/000168316824002590/intrusion_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-24-002590
- JSON: https://secwatch.observer/filing/0001683168-24-002590.json
- Plain text: https://secwatch.observer/filing/0001683168-24-002590.txt

## Key facts
- Material Agreements
  INTRUSION INC entered into Subscription Agreements with the purchasers named therein valued at approximately $2.6 million (effective 2024-04-22).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: the purchasers named therein
  - Value: approximately $2.6 million
  - Effective: 2024-04-22
  source text: On April 22, 2024, Intrusion Inc., a Delaware corporation (the “Company”), entered into private placement subscription agreements (“Subscription Agreements”) with the purchasers named therein (the “Purchasers”) (the “Offering”) pursuant to which the Company agreed to sell an aggregate of 1,348,569 shares of the Company’s common stock
  evidence_url: https://www.sec.gov/Archives/edgar/data/736012/000168316824002590/0001683168-24-002590-index.htm

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