secwatch.observer — SEC 8-K summary
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Issuer:     INTRUSION INC (INTZ)
CIK:        0000736012
Form:       8-K
Filed at:   2025-01-15T23:59:59+00:00
Accession:  0001683168-25-000379
Event type: other_material
Sentiment:  positive
Materiality: 0.65
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Intrusion raises $14.5M, eliminates $10.1M Series A Preferred Stock
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- Received $0.3M from warrant inducement (369K warrants exercised) on Dec 27, 2024.
- Drew $1.7M from SEPA with Streeterville Capital.
- Sold ~$5.0M common stock via ATM in Q4 2024.
- Closed registered direct offering on Jan 7, 2025 for $7.5M gross.
- Exchanged 9,025 Series A Preferred shares (notional $9.9M) for 3.454M common shares; eliminates all Series A Preferred.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/736012/000168316825000379/0001683168-25-000379-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/736012/000168316825000379/intrusion_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-25-000379

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