Every material Form 8-K INTRUSION INC has filed with the SEC since September 15, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Intrusion Inc. received a Nasdaq notice granting it a second 180-day period, until May 3, 2027, to regain compliance with the $1.00 minimum bid price requirement after missing the initial deadline of November 3, 2026. The stock continues to trade on the Nasdaq Capital Market under INTZ, but if the company does not regain compliance, Nasdaq will move toward delisting, and the company may need a reverse stock split.
Nasdaq granted an additional 180 calendar days, until May 3, 2027, to regain the $1.00 minimum bid price requirement.
The company did not regain compliance during the initial 180-day period, which expired November 3, 2026.
To regain compliance, the closing bid price must be at least $1.00 for 10 consecutive business days before May 3, 2027, and any reverse stock split must be completed no later than ten business days before that date.
The company makes no assurance it will regain compliance or successfully appeal any future delisting determination.
Intrusion Inc. exchanged $4.0 million of secured promissory notes held by Streeterville Capital for 4,000 shares of newly designated Series B Preferred Stock, with no other consideration exchanged. The company said the exchange lifts its stockholders' equity above $5.0 million, which it believes allows it to request a second 180-day Nasdaq extension to regain compliance with the $1.00 minimum bid price, though Nasdaq may not grant it. The Series B shares carry a 10% annual preferred return and rank senior to common stock, and their protective covenants restrict the company's future debt and equity issuance.
Notes of $3.25 million and $750,000, partitioned from April 6, 2026 and August 28, 2026 notes, were exchanged for 4,000 Series B shares with a $1,100 stated value each, cancelling $4.0 million of principal.
Series B Preferred Stock is non-voting and non-convertible, accrues a 10% annual preferred return, and ranks senior to common stock on dividends and liquidation.
Protective covenants bar the company from incurring debt, issuing equity, or completing reverse splits (other than for Nasdaq compliance) without majority Series B consent.
The company believes it qualifies for a second 180-calendar-day Nasdaq extension, but states there can be no assurance Nasdaq will grant it.
Intrusion and CEO Anthony Scott agreed on September 14, 2026 not to automatically renew his employment agreement, which ends November 15, 2026. Scott will keep his role, salary and benefits while the two sides negotiate a new agreement.
Agreement signed September 14, 2026; Scott's Executive Employment Agreement dated November 11, 2021 expires November 15, 2026
Scott remains President and Chief Executive Officer during the negotiation period
Existing base salary, benefits and duties continue under the current terms during negotiations
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every INTRUSION INC filing is on SEC EDGAR ↗. 8-K briefs of other companies →