Intrusion Inc. filed a Form 8-K on November 5, 2026, disclosing that it received a second 180-calendar-day extension from Nasdaq on November 4, 2026, giving the company until May 3, 2027, to regain compliance with the minimum $1.00 per share bid price requirement.

Key Highlights

  • Second extension granted: Nasdaq awarded Intrusion Inc. an additional 180 calendar days, running until May 3, 2027, to meet the minimum $1.00 per share closing bid price requirement under Nasdaq Listing Rule 5550(a)(2).
  • Initial period expired without cure: The original 180-day compliance period, which began following a May 7, 2026, Nasdaq notice, expired on November 3, 2026, without the company regaining compliance.
  • Reverse stock split considered: According to the filing, the company provided written notice to Nasdaq of its intention to cure the deficiency by effecting a reverse stock split, if necessary, and any such split must be completed no later than ten business days before May 3, 2027.
  • Compliance threshold: To regain compliance, the common stock's closing bid price must reach at least $1.00 per share for a minimum of 10 consecutive business days before the May 3, 2027, deadline, unless Nasdaq extends that window to a maximum of 20 consecutive business days under Listing Rule 5810(c)(3)(H).
  • No immediate trading impact: The filing states that "the Nasdaq extension notice has no immediate effect on the listing or trading of the Company's common stock," which continues to trade under the symbol INTZ on the Nasdaq Capital Market.
  • Delisting risk remains: If compliance is not achieved by May 3, 2027, Nasdaq staff will issue a written delisting notification, after which the company may appeal to a Nasdaq Hearings Panel.

Intrusion Inc. Faces May 2027 Deadline to Restore Nasdaq Bid Price Compliance

According to the Form 8-K filed with the SEC, Intrusion Inc. (NASDAQ:INTZ) disclosed on November 4, 2026, that Nasdaq's Listing Qualifications Department formally notified the company it had been granted a second 180-calendar-day period to satisfy the minimum bid price standard set out in Nasdaq Listing Rule 5550(a)(2). The company's first compliance window opened after Nasdaq notified Intrusion on May 7, 2026, that its common stock had failed to maintain a closing bid price of at least $1.00 per share for 30 consecutive business days. That initial period expired November 3, 2026, without resolution.

The filing states that Nasdaq's decision to grant the extension was based on the company meeting continued listing requirements for market value of publicly held shares and all other applicable initial listing requirements for the Nasdaq Capital Market, with the sole exception of the minimum bid price requirement. The company also submitted written notice of its intention to cure the deficiency during the second compliance period by effecting a reverse stock split, if necessary. The filing notes that any reverse stock split would need to be completed no later than ten business days before the May 3, 2027, deadline to count toward timely compliance.

The filing carries forward-looking statements, including statements regarding the company's ability to regain compliance and its intention to effect a reverse stock split if necessary, which the company characterizes as subject to inherent risks and uncertainties and notes that "actual results could differ materially." If the company does not meet the threshold by May 3, 2027, Nasdaq staff would provide written delisting notification, and the company states it would be entitled to appeal that determination to a Nasdaq Hearings Panel, though it offers no assurance of a successful outcome. The filing was signed by Kimberly Pinson, Chief Financial Officer.

What Was Disclosed

Intrusion Inc. reported receiving a second 180-day Nasdaq extension until May 3, 2027, to meet the $1.00 minimum bid price rule, after failing to cure the deficiency during the initial period. The company indicated a reverse stock split remains a potential remedy.