INTZ · Intrusion Inc.

Intrusion Inc. faces significant listing risk after Nasdaq notified it of non-compliance with Listing Rule 5550(a)(2), as the closing bid price of its common shares fell below the $1.00 minimum over the 30 trading days ended May 6, 2026. This triggers an initial 180-day grace period ending November 3, 2026, during which the company must sustain a $1.00 closing price for at least 10 consecutive business days to cure the deficiency. Failure to do so opens eligibility for a second 180-day extension, contingent on satisfying other Nasdaq Capital Market standards like market value of publicly held shares and providing a written plan, potentially involving a reverse stock split. Nasdaq staff could still initiate delisting if cure seems unlikely or other standards falter, with appeal rights to a Listings Qualifications Panel. Trading continues uninterrupted, but sustained low prices signal investor concerns over valuation, liquidity, or fundamentals, heightening delisting risk that could limit access to capital markets and depress share value further. The company's proactive monitoring and option evaluation underscore urgency, yet explicit lack of assurance highlights uncertainty for investors.