Form 8-K
8-K — INTRUSION INC
Accession: 0001683168-26-003758
Filed: 2026-05-13
Period: 2026-05-07
CIK: 0000736012
SIC: 3576 (COMPUTER COMMUNICATIONS EQUIPMENT)
Item: Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
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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
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Entity File Number
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Entity Registrant Name
INTRUSION
INC.
Entity Central Index Key
0000736012
Entity Tax Identification Number
75-1911917
Entity Incorporation, State or Country Code
DE
Entity Address, Address Line One
101
East Park Blvd
Entity Address, Address Line Two
Suite
1200
Entity Address, City or Town
Plano
Entity Address, State or Province
TX
Entity Address, Postal Zip Code
75074
City Area Code
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Local Phone Number
637-7770
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