regulatory
confidence high
sentiment negative
materiality 0.65
Intrusion receives Nasdaq bid price deficiency notice; 180 days to cure
INTRUSION INC
- Received Nasdaq notice on Oct 28, 2024 for non-compliance with $1.00 minimum bid price requirement.
- Stock closing bid price below $1.00 for 30 consecutive business days as of Oct 25, 2024.
- Has 180 calendar days (until April 28, 2025) to regain compliance by having bid price ≥ $1.00 for 10 consecutive business days.
- If not cured, may seek second compliance period or consider reverse stock split.
- No immediate effect on listing or trading under symbol INTZ; company evaluating options.