Intrusion exchanges 68 Series A Preferred shares for 110,340 common shares with Streeterville Capital

INTRUSION INC

Exchange of 68 Series A Preferred for 110,340 common shares at fair value of $74,800; no cash consideration from investor.
Shares issued under Section 3(a)(9) exemption; Preferred shares surrendered and cancelled.
Holding period of Exchange Shares tacks to prior promissory notes from March and June 2022.
Investor represented beneficial ownership will not exceed 9.99% of outstanding common stock post-exchange.
Common shares delivered via DWAC; closing occurred on November 18, 2024.

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