Intrusion warned by Nasdaq on minimum bid price

Intrusion, Inc. disclosed that Nasdaq has notified the company its common stock no longer meets the minimum bid price requirement for continued listing on the Nasdaq Capital Market.

Rhea-AI Filing Summary

Intrusion, Inc. disclosed that Nasdaq has notified the company its common stock no longer meets the minimum bid price requirement for continued listing on the Nasdaq Capital Market. The stock’s closing bid price was below $1.00 per share for 30 consecutive trading days from March 25, 2026 through May 6, 2026.

The company has a 180‑day grace period, until November 3, 2026, to regain compliance by achieving a closing bid of at least $1.00 for 10 consecutive business days. Intrusion may seek an additional 180‑day extension if it meets other listing standards and could consider a reverse stock split. Its shares remain listed for now, but they could be delisted if compliance is not restored.

Positive

• None.

Negative

• Intrusion, Inc. received a Nasdaq notice that its stock failed the $1.00 minimum bid requirement for 30 consecutive trading days, creating a clear risk of eventual delisting if compliance is not restored within the allowed periods.

Insights

Equity market structure analyst

Nasdaq bid‑price deficiency raises delisting risk but allows time to fix.

Intrusion, Inc. has fallen out of compliance with Nasdaq’s $1.00 minimum bid requirement after 30 consecutive trading days below that level. This triggers a formal deficiency process but does not immediately remove the stock from the Nasdaq Capital Market.

The company has a 180‑day grace period to restore a closing bid of at least $1.00 for 10 straight business days. If it meets other initial listing standards, it may qualify for another 180‑day window and could address the issue via a reverse stock split.

If compliance is not regained, Nasdaq may move to delist the shares, although Intrusion could appeal to a Listing Qualifications Panel. The actual outcome will depend on future share‑price performance and any corporate actions the company undertakes within the specified compliance periods.

8-K Event Classification

Item 3.01 — Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing

1 item

Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing Securities

The company received a delisting notice, failed to satisfy a continued-listing rule or standard, or transferred its listing.

Key Figures

Minimum bid requirement: $1.00 per share Noncompliance measurement period: 30 consecutive trading days Initial grace period length: 180 calendar days +3 more

6 metrics

Minimum bid requirement $1.00 per share Nasdaq Capital Market Listing Rule 5550(a)(2) threshold

Noncompliance measurement period 30 consecutive trading days March 25, 2026 through May 6, 2026

Initial grace period length 180 calendar days To regain Nasdaq minimum bid compliance

Grace period end date November 3, 2026 Deadline to regain minimum bid compliance

Compliance trading requirement 10 consecutive business days Closing bid at or above $1.00 per share

Potential extension length Additional 180 calendar days Possible second compliance period if criteria are met

Key Terms

Minimum Bid Requirement, Grace Period, reverse stock split, NASDAQ Capital Market, +1 more

5 terms

Minimum Bid Requirement market

"had fallen below $1.00 per share, which is the minimum closing bid price required..."

A minimum bid requirement is a rule that a stock’s price must meet or exceed a set floor for certain market actions — for example to remain listed on an exchange, qualify for a tender offer, or participate in a specific auction. It matters to investors because falling below that floor can trigger delisting, limit who can buy or sell the shares, or change the terms of a transaction; think of it like a store’s minimum purchase needed to access a special sale, which affects value and liquidity.

Grace Period regulatory

"the Company has 180 calendar days to regain compliance with the Minimum Bid Requirement (the “Grace Period”)"

A grace period is a short, pre-agreed span of time after a payment, filing, or other obligation is due during which a company or individual can meet the requirement without being penalized or declared in default. Think of it as a temporary breathing room that prevents immediate consequences for a missed deadline. Investors care because grace periods affect when cash flows are actually received, how soon penalties or defaults can hit, and the apparent credit risk and stability of an issuer.

reverse stock split financial

"plan to cure the deficiency during the second compliance period by effectuating a reverse stock split, if necessary."

A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.

NASDAQ Capital Market market

"maintain listing on the NASDAQ Capital Market under Listing Rule 5550(a)(2)"

The Nasdaq Capital Market is a platform where smaller, emerging companies can list their shares for trading by investors. It provides these companies with access to funding and visibility, helping them grow, much like a local marketplace where new vendors can introduce their products to potential customers. For investors, it offers opportunities to discover early-stage companies with growth potential.

Listing Rule 5550(a)(2) regulatory

"under Listing Rule 5550(a)(2) (the “Minimum Bid Requirement”)."

Listing Rule 5550(a)(2) is a Nasdaq listing standard that sets a minimum share-price requirement for securities to be listed or to remain listed on the Nasdaq Capital Market. It matters to investors because falling below that minimum can trigger delisting reviews or increased volatility, much like a safety bar on a ride — if a stock can’t meet the height requirement, it risks being removed from the exchange, which can reduce liquidity and access for buyers and sellers.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Why did Intrusion (INTZ) receive a Nasdaq deficiency notice?

Intrusion received the notice because its common stock’s closing bid price stayed below $1.00 per share for 30 consecutive trading days from March 25, 2026 through May 6, 2026. This violates Nasdaq Capital Market Listing Rule 5550(a)(2).

How long does Intrusion (INTZ) have to regain Nasdaq listing compliance?

Intrusion has an initial 180‑day grace period, ending November 3, 2026, to regain compliance. During this time, it must meet Nasdaq’s minimum bid requirement while also continuing to satisfy other applicable listing standards.

What must Intrusion (INTZ) do to regain the Nasdaq minimum bid requirement?

To regain compliance, Intrusion’s common stock must close at or above $1.00 per share for at least 10 consecutive business days within the 180‑day grace period. Nasdaq has discretion to determine if the requirement has been fully met.

Can Intrusion (INTZ) get more time beyond November 3, 2026 to fix its bid price?

Intrusion may qualify for a second 180‑day compliance period if it meets all initial listing standards other than the minimum bid price. It must also notify Nasdaq of its plan to cure the deficiency, potentially including a reverse stock split.

Will Intrusion (INTZ) be delisted from Nasdaq immediately?

The notice has no immediate effect on trading, and INTZ shares remain listed on the Nasdaq Capital Market. Delisting would only occur if the company ultimately fails to regain compliance and any appeals or extension opportunities are exhausted.

What options might Intrusion (INTZ) consider to address the Nasdaq bid deficiency?

Intrusion states it will monitor its closing bid price and evaluate options to regain compliance. For a potential second grace period, it may present a plan to Nasdaq that could include implementing a reverse stock split, if needed.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Understanding 8-K Material Events →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 05/13/2026 - 07:27 AM EDT Learn about SEC filing dates

false 0000736012 0000736012 2026-05-07 2026-05-07 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 7, 2026

INTRUSION INC.

(Exact Name of Registrant as Specified in Its Charter)

Delaware	001-39608	75-1911917
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

101 East Park Blvd, Suite 1200 Plano, Texas	75074
(Address of Principal Executive Offices)	(Zip Code)

(888) 637-7770

(Registrant’s Telephone Number, Including Area Code)

N/A

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock, $0.01 par value per share	INTZ	NASDAQ Capital Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.

On May 7, 2026, the Company received a written notice from The Nasdaq Stock Market LLC (“NASDAQ”) notifying the Company that the closing bid price of the Company’s common shares (the “Common Shares”) over the 30 consecutive trading days from March 25, 2026, through May 6, 2026, had fallen below $1.00 per share, which is the minimum closing bid price required to maintain listing on the NASDAQ Capital Market under Listing Rule 5550(a)(2) (the “Minimum Bid Requirement”).

In accordance with NASDAQ Listing Rule 5810(c)(3)(A), the Company has 180 calendar days to regain compliance with the Minimum Bid Requirement (the “Grace Period”), or until November 3, 2026, subject to a potential 180 calendar day extension, as described below. To regain compliance, the closing bid price of the Company’s Common Shares must be at least $1.00 per share for a minimum of 10 consecutive business days within the Grace Period.

If the Company does not achieve compliance with the Minimum Bid Requirement by November 3, 2026, the end of the Grace Period, the Company may be eligible for an additional 180 calendar day period to regain compliance. To qualify, the Company would be required, among other things, to meet the continued listing requirement for the market value of its publicly held shares and all other NASDAQ initial listing standards for the Nasdaq Capital Market, with the exception of the Minimum Bid Requirement, and would need to provide written notice to NASDAQ of its intention and plan to cure the deficiency during the second compliance period by effectuating a reverse stock split, if necessary. However, if it appears to NASDAQ staff that the Company will not be able to cure the deficiency, or if the Company does not meet the other listing standards, NASDAQ could provide notice that the Company’s Common Shares will be subject to delisting. In the event the Company receives notice that its Common Shares are being delisted, the Company would be entitled to appeal the determination to a NASDAQ Listing Qualifications Panel and request a hearing.

The Company intends to actively monitor the closing bid price of its Common Shares and will evaluate available options to regain compliance with the Minimum Bid Requirement. The notice has no immediate effect on the listing or trading of the Company’s Common Shares, which will continue to be listed and traded on the NASDAQ Capital Market, subject to the Company’s compliance with the other NASDAQ listing requirements. However, there can be no assurance that the Company will be able to regain or maintain compliance with either NASDAQ listing criteria.

2

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

	Intrusion, Inc.
Dated: May 13, 2026	By:	/s/ Kimberly Pinson
		Kimberly Pinson
		Chief Financial Officer

3

Filing Exhibits & Attachments

3 documents

Other Documents

• EX-101 XBRL SCHEMA FILE 2.9 KB
• EX-101 XBRL LABEL FILE 33.4 KB
• EX-101 XBRL PRESENTATION FILE 21.8 KB