Intrusion gets 180-day Nasdaq bid-price extension
If Intrusion uses a reverse stock split to cure the deficiency, Nasdaq requires it to be completed no later than ten business days before May 3, 2027.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Intrusion Inc. received an additional 180 calendar days, through May 3, 2027, to meet Nasdaq's $1.00 minimum bid-price requirement for continued listing. The company did not regain compliance during its initial 180-day period, which expired November 3, 2026.
To regain compliance, its closing bid price must be at least $1.00 for a minimum of 10 consecutive business days before the deadline; Nasdaq may extend that period to a maximum of 20 consecutive business days. Nasdaq granted the extension after Intrusion met the market value requirement for publicly held shares and all other applicable initial listing requirements except the minimum bid price requirement. Trading on The Nasdaq Capital Market continues during the extension. If compliance is not restored by May 3, 2027, Nasdaq Staff will notify Intrusion that its securities will be subject to delisting; Intrusion would then be entitled to appeal a Staff delisting determination to a Nasdaq Hearings Panel.
How this balance works
Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.
It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.
Rhea-AI Sentiment measures something else, the tone of the wording.
Hollow bars mark forward-looking points. How the balance works
Positive
- None.
Negative
- Moderate point. Forward-looking: it has not happened yet and may not happen.Failure to regain compliance by May 3, 2027 will result in a written delisting notification.
Filing Explained
Intrusion told Nasdaq it may use a reverse split if needed: that would reduce shares and proportionally raise the per-share price without changing company value by itself, and any split used to cure the deficiency must be completed at least 10 business days before
8-K Event Classification
Key Figures
Key Terms
Minimum Bid Price Requirement regulatory
reverse stock split technical
Nasdaq Hearings Panel regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What is INTZ's Nasdaq bid-price compliance deadline?
How can INTZ regain Nasdaq's $1.00 bid-price compliance?
When would INTZ need to complete a reverse stock split?
AI-generated analysis. How Rhea-AI works. Not financial advice.