secwatch.observer — SEC 8-K summary
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Issuer:     INTRUSION INC (INTZ)
CIK:        0000736012
Form:       8-K
Filed at:   2024-06-05T23:59:59+00:00
Accession:  0001683168-24-003983
Event type: other_material
Sentiment:  neutral
Materiality: 0.45
Item codes: 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/736012/000168316824003983/0001683168-24-003983-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/736012/000168316824003983/intrusion_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-24-003983

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