secwatch.observer — SEC 8-K summary
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Issuer:     INTRUSION INC (INTZ)
CIK:        0000736012
Form:       8-K
Filed at:   2025-01-03T23:59:59+00:00
Accession:  0001683168-25-000044
Event type: other_material
Sentiment:  negative
Materiality: 0.75
Item codes: 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Intrusion swaps 8,867 Series A Preferred for 3.16M common shares; ATM raised $9.8M in 2024
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/736012/000168316825000044/0001683168-25-000044-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/736012/000168316825000044/intrusion_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-25-000044

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer