Intrusion Reports Stock Exchange Deals With Investor; Shares Rise

MT Newswires Live
01-04

Intrusion (INTZ) reported in a regulatory filing Friday that it entered into several privately-negotiated deals last year with Streeterville Capital to exchange a total of 8,867 shares of series A preferred shares for almost 3.2 million of common shares.

The company also received proceeds of about $9.8 million net of fees from the sale of its shares last year based on its at-the-market program with B. Riley Securities, according to the filing.

The shares were up more than 10% in recent trading.

Price: 4.19, Change: +0.41, Percent Change: +10.85

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