Intrusion Launches Warrant Inducement Program to Raise Cash at $0.795/Share

summarizeSummary

Intrusion Inc. launched a warrant inducement program to raise cash by temporarily lowering the exercise price of existing warrants to $0.795 per share, offering new warrants as an incentive. The move comes as the company's cash reserves have dwindled to $0.182 million.

check_boxKey Events · Financing and Capital Events · INTZ

• Warrant Inducement Program Launched

  Board approved a program to induce cash exercise of 3,198,085 existing warrants at a temporary price of $0.795 per share, down from a weighted average of $3.26.

• Cash Raise Potential

  If all existing warrants are exercised, the company would receive approximately $2.54 million in cash (3,198,085 shares x $0.795).

• New Warrants Issued as Incentive

  Each exercised warrant receives one new warrant with a $0.67 exercise price, exercisable after six months and one day, expiring five years later.

• Liquidity Crisis Context

  Cash fell to $0.182 million as of Q2 2026, and the company faces a going concern warning, making this capital raise urgent.

auto_awesomeAnalysis · INTZ · Technology

Intrusion Inc. is offering warrant holders a temporary exercise price of $0.795 per share, down from a weighted average of $3.26, to raise cash. The company's cash position fell to $0.182 million as of Q2 2026, and this program is a direct response to that liquidity crisis. If all 3,198,085 existing warrants are exercised, the company would receive approximately $2.54 million in cash, but would also issue an equal number of new warrants with a $0.67 exercise price, creating additional future dilution. The inducement price is above the current stock price of $0.6321, which may limit participation, but the company is clearly desperate for capital ahead of the August 27 shareholder vote on the VigilAigent acquisition.