Intrusion, Inc. (INTZ) Provides an Update on its Balance Sheet
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Intrusion Inc. Provides an Update on its Balance Sheet
January 15, 2025 4:06 PM ESTImproved balance sheet and financial flexibility positions the Company for future growth
PLANO, TX / ACCESSWIRE / January 15, 2025 / Intrusion Inc. (NASDAQ: INTZ) (the "Company"), a leader in cyberattack prevention solutions, today provided an update on recent actions taken that resulted in $14.5 million in proceeds to the Company and the elimination of $10.1 million notional value of all Series A Preferred Stock. These actions strengthen the Company's financial position and ensure that Intrusion has sufficient capital to fund its operations and eliminates the need for the Company to raise additional capital... More
