INTRUSION INC generated $1,320,458 in cash proceeds after holders exercised 1,660,954 existing warrants during its inducement program. The company issued 1,660,954 new warrants with a $0.67 exercise price and a five-year exercise period, giving investors a defined future opportunity to purchase additional common stock.

Key Highlights

  • INTRUSION INC’s board approved the Warrant inducement program on August 14, 2026.
  • The Equity offering relied on the Section 4(a)(2) and Rule 506(b) registration exemptions.
  • INTRUSION INC received $1,320,458 in aggregate cash proceeds from the exercise of 1,660,954 existing warrants.

INTRUSION INC (NASDAQ: INTZ) raised $1,320,458 in aggregate cash proceeds through the exercise of 1,660,954 existing warrants. The company issued the same number of new common stock purchase warrants, each carrying a $0.67 exercise price and a five-year exercise period.

$0.67 Warrants Issued After Exercise Program

The inducement program followed board approval on August 14, 2026, and ran from August 17 through August 28, 2026. During that period, holders could exercise certain outstanding common stock purchase warrants at a temporarily reduced price of $0.795 per share. That price included $0.125 per share attributable to the purchase of each New Warrant. The new warrants allow holders to subscribe for and purchase INTRUSION INC common stock, subject to their terms and limitations. Each warrant becomes exercisable on its initial Issue Date and remains available for five years after that date. The company’s common stock has a Par Value of $0.01 per share.