Intrusion Inc 8-K, filed Jun 12, 2025
Intrusion Inc (INTZ)
About this 8-K
Intrusion Inc filed this 8-K on June 12, 2025, reporting on events of June 6, 2025.
Items reported
- Item 1.02: Ended a material agreement
- Item 8.01: Other events
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
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Item 1.02. Termination of Material Definitive Agreement.
On June 6, 2025, Intrusion, Inc. (the “Company”) delivered written notice to B. Riley Securities, Inc. (“B. Riley”) that the Company was terminating the At Market Sales Agreement, dated August 5, 2021, by and between the Company and B. Riley (the “Sales Agreement”), in accordance with its terms, which termination will be effective on June 11, 2025.
A description of the Sales Agreement is included in the Company’s Current Report on Form 8-K filed on August 11, 2021 (the “Announcement 8-K”), which description is incorporated by reference herein. Such description is qualified in its entirety by reference to the full text of the Sales Agreement, which was filed as Exhibit 99.1 to the Announcement 8-K and is incorporated by reference herein.
Item 8.01. Other Events.
Pursuant to the Sales Agreement, the Company filed a prospectus supplement (the “ATM Prospectus Supplement”) to the registration statement on Form S-3 (File No. 333-281565) on January 31, 2025 and effective on February 10, 2025 pursuant to which it may offer and sell, from time to time, shares of its common stock having an aggregate offering price of up to $50,000,000 through B. Riley as the sales agent (the “ATM Offering”). As of the date of this Current Report on Form 8-K, the Company has not sold any shares of common stock under the ATM Prospectus Supplement. The Company expects to terminate the ATM Prospectus Supplement immediately following June 11, 2025, the effective date of the termination of the Sales Agreement. The Company does not intend to make any additional sales of common stock under the ATM Offering.
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: June 12, 2025 | By: | /s/ Kimberly Pinson |
| Kimberly Pinson | ||
| Chief Financial Officer | ||
| 2 |