Intrusion enters $10M standby equity purchase agreement with Streeterville Capital

INTRUSION INC

Up to $10M of common stock may be sold to Streeterville over 24 months at 95% of lowest VWAP over three trading days.
Company pays $25K structuring fee plus 1% commitment fee; proceeds to fund working capital and redeem Series A Preferred.
Sales capped at 4.99% of outstanding shares per advance; beneficial ownership limitation of 9.99% for Streeterville.
Stockholder approval needed to exceed 19.99% of outstanding shares under Nasdaq rules if price below Minimum Price.
Registration rights agreement filed concurrently to register resale of shares issued under SEPA.

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