Intrusion Inc (INTZ) · Nov 4, 2026 · Delisting
Second compliance period — Until May 3, 2027; $1.00 bid required for 10 consecutive business days
Intrusion’s delisting deadline moved to May 3, 2027, but the extension confirms the bid-price problem remains and a reverse split may be needed.
Intrusion is trying to build an AI-powered cybersecurity platform after combining its legacy threat-intelligence business with VigilAigent, but it remains in a financially and operationally fragile transition.
The immediate delisting risk is deferred, not solved. Nasdaq granted a second 180-day compliance period through May 3, 2027, after Intrusion failed to restore a $1.00 closing bid during the original period. The company still needs at least $1.00 for 10 consecutive business days. 〔0〕
The extension was the expected escape hatch, making this only modestly incremental. Intrusion’s May 7, 2026 filing already disclosed that it could qualify for another 180 days if it met the other listing standards and committed to a potential reverse split. The new information is that Nasdaq accepted that plan; the negative information is that the company could not cure the deficiency organically during the first six months.
A reverse split has moved from contingency to a live requirement. Intrusion formally told Nasdaq it intended to cure the deficiency through a reverse split if necessary, and any split must be completed at least 10 business days before the new deadline. That preserves the Nasdaq listing runway but does not improve the underlying business or share-price support.
Bottom line: This filing prevents an immediate delisting process and buys Intrusion time, but it is not a business turnaround. The company remains dependent on future execution—or a reverse split—to keep its Nasdaq listing after failing to fix the problem on the first attempt.
Reverse-split decision before May 3, 2027
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