other material
confidence high
sentiment neutral
materiality 0.60
Intrusion launches warrant inducement program; offers $0.795 exercise price for existing warrants
INTRUSION INC
- Existing warrants for 3,198,085 shares at weighted avg $3.26; temporary exercise price cut to $0.795.
- Offer period Aug 17-28, 2026; each exercised share earns a new warrant with $0.67 strike, exercisable after 6 months+1 day.
- New warrants expire 5 years from exercisability; issued under Section 4(a)(2)/Reg D to accredited investors.
- Potential gross proceeds ~$2.54M if all warrants exercised (3,198,085 * $0.795).