Financing ·
Intrusion Inc. approved a warrant inducement program to incentivize holders of existing common stock purchase warrants…
INTZIntrusion Inc
Intrusion Inc. approved a warrant inducement program to incentivize holders of existing common stock purchase warrants to exercise them for cash at a reduced price of $0.795 per share, down from a weighted average exercise price of approximately $3.26. The offer applies to warrants covering 3,198,085 shares and is open from August 17, 2026, through August 28, 2026. Participants receive one new warrant for each share purchased at the inducement price, exercisable at $0.67 per share after a six-month restriction period. This transaction complies with Nasdaq Listing Rule 5635(d) and is conducted under Regulation D exemptions. Intrusion Inc. operates in the cybersecurity industry, providing physical security solutions for critical infrastructure.