Intrusion, Inc. (INTZ) Prices $7.5M Share Offering at $3.05/sh

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Intrusion Inc. Announces $7.5 Million Registered Direct Offering

January 6, 2025 9:29 AM EST

PLANO, TX / ACCESSWIRE / January 6, 2025 / Intrusion Inc. (NASDAQ: INTZ) (the "Company"), a leader in cyberattack prevention solutions, today announced that it has entered into a definitive agreement with a single institutional investor for the purchase and sale of 653,000 shares of common stock at a purchase price of $3.05 per share and 1,806,016 prefunded warrants to purchase up to 1,806,016 shares of common stock at a purchase price of $3.0499 per prefunded warrant in a privately negotiated registered direct offering. The prefunded warrants are immediately exercisable at an exercise price of $0.0001 per share of... More