Intrusion Completes VigilAigent Acquisition and Secures $1.5M in High-Cost Debt
INTZ sits 35% above its 52-week low of $0.593 on light trading volume (0.1× avg).
Summary
Intrusion completed its VigilAigent acquisition and raised $1.5 million in secured debt with costly terms, including a first-priority lien on all assets and IP.
Key Events · Financing and Capital Events · INTZ
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VigilAigent Acquisition Completed
Intrusion acquired the remaining 40% of OW Cyber (VigilAigent) for $1.3 million in cash, making it a 100% wholly-owned subsidiary. The Second Closing followed stockholder approval of Nasdaq Rule 5635 equity issuances at the August 27 annual meeting.
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$1.5M Secured Debt Financing
Intrusion issued a $1,615,000 secured promissory note to Streeterville Capital for $1,500,000 in cash proceeds, reflecting a $105,000 original issue discount and $10,000 in transaction expenses. The note matures in 24 months.
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Costly Financing Terms
The note carries 7% interest compounded daily, a one-time monitoring fee of approximately 17.65% of the outstanding balance after 90 days, and monthly redemption rights of up to $150,000 beginning six months after issuance.
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First-Priority Lien on All Assets
The note is secured by a first-priority security interest in all company assets and intellectual property, with an unconditional guaranty from subsidiary OW Cyber, LLC. This encumbers the company's entire asset base.
Analysis · INTZ · Technology
Intrusion closed the remaining 40% of its VigilAigent acquisition for $1.3 million in cash, funded by a new $1.5 million secured note from Streeterville Capital. The financing carries a 7% interest rate compounded daily, a ~17.65% monitoring fee after 90 days, and grants a first-priority lien on all company assets and intellectual property — terms that reflect the company's desperate cash position ($0.182 million as of Q2) and going-concern status. The deal removes the uncertainty around the acquisition but adds a significant secured debt obligation with aggressive redemption rights that could pressure the company's already thin liquidity.
How filings like this one have moved
In the 30 days to Sep 12, 2026, 35.6% of the 1569 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.19%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, INTZ was trading at $0.80 on NASDAQ in the Technology sector, with a market capitalization of approximately $19.6M. The 52-week trading range was $0.59 to $2.27. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.