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Intrusion Issues 4,000 Preferred Shares to Streeterville in Exchange for $4 Million Debt

PUBT·11/02/2026 12:54:18
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Intrusion Issues 4,000 Preferred Shares to Streeterville in Exchange for $4 Million Debt
  • Intrusion agreed Oct. 29, 2026, to exchange $4 million in secured promissory notes for 4,000 Series B Preferred Stock shares.
  • Streeterville Capital will receive the shares in an unregistered exchange at a stated value of $1,100 per share.
  • The exchanged notes will be canceled upon issuance; no cash consideration changes hands.
  • The shares accrue a 10% annual preferred return, payable quarterly in cash or additional Series B shares at the company's election.
  • Series B Preferred Stock is non-convertible into Common Stock and ranks senior to Common Stock for dividends, distributions and liquidation payments.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Intrusion Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001683168-26-008223), on November 02, 2026, and is solely responsible for the information contained therein.