Intrusion exchanges 339 Series A Preferred shares for 243,725 common shares in privately-negotiated deal

INTRUSION INC

Exchange of 339 Series A Preferred for 243,725 common shares; fair value $372,900.
No cash consideration; shares issued under Section 3(a)(9) exemption.
Streeterville Capital agrees beneficial ownership will not exceed 9.99% post-exchange.
Preferred shares cancelled; exchange shares delivered via DWAC.
Holding period for Rule 144 includes prior notes from March and June 2022.

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