other material
confidence high
sentiment negative
materiality 0.75
Intrusion swaps 8,867 Series A Preferred for 3.16M common shares; ATM raised $9.8M in 2024
INTRUSION INC
- Five exchange agreements with Streeterville Capital from Dec 30, 2024 to Jan 3, 2025; total fair value $9.75M.
- Exchanged 8,867 Series A Preferred shares for 3,163,934 common shares; preferred shares cancelled.
- ATM program raised ~$9.8M net in twelve months to Dec 31, 2024; cumulative $22.0M from 7.5M shares since inception.
- Total common shares outstanding as of Jan 3, 2025: 16,885,394.