regulatory
confidence high
sentiment negative
materiality 0.55
Intrusion wins Nasdaq's second 180-day extension until May 3, 2027 to cure sub-$1 bid
INTRUSION INC
- Nasdaq granted a second 180-day compliance period through May 3, 2027 after the initial window, set by the May 7, 2026 notice, expired November 3, 2026.
- Intrusion never regained compliance during the first 180 days; closing bid must now stay at or above $1.00 for 10 consecutive business days (up to 20 at Nasdaq's discretion).
- Company told Nasdaq it intends to cure the deficiency by effecting a reverse stock split if necessary, which must be completed at least 10 business days before May 3, 2027.
- Extension was based on Intrusion meeting the market value of publicly held shares and all other Capital Market initial listing standards except bid price.
- INTZ keeps trading on the Nasdaq Capital Market; a miss by May 3, 2027 would bring a delisting notice and a right to appeal to a Nasdaq Hearings Panel.