Intrusion, Inc. Receives NASDAQ Notice on Minimum Bid Price Deficiency
Key Points from the Report
- NASDAQ Notification: On May 7, 2026, Intrusion, Inc. (NASDAQ: INTZ) received a written notice from The Nasdaq Stock Market LLC indicating that the company is not in compliance with the minimum closing bid price requirement for continued listing on the NASDAQ Capital Market.
- Minimum Bid Price Requirement: NASDAQ Listing Rule 5550(a)(2) mandates that a company’s common shares must maintain a minimum closing bid price of \$1.00 per share. Intrusion’s common shares traded below this threshold for 30 consecutive business days, from March 25, 2026, through May 6, 2026.
- Grace Period to Regain Compliance: The company has 180 calendar days, until November 3, 2026, to regain compliance. To do so, the closing bid price must be at least \$1.00 per share for a minimum of 10 consecutive business days within this period.
- Potential Additional Compliance Period: If the company fails to regain compliance by November 3, 2026, it may be eligible for an additional 180-day extension, provided it meets other NASDAQ listing standards (except the bid price rule) and notifies NASDAQ of its intent to cure the deficiency, potentially via a reverse stock split.
- Delisting Risk: If compliance is not achieved, or if the company does not meet other listing requirements, NASDAQ could initiate delisting procedures for Intrusion’s common shares. The company would have the right to appeal and request a hearing before a NASDAQ Listing Qualifications Panel.
- No Immediate Impact on Trading: The notice does not immediately affect the listing or trading of Intrusion’s shares, which will continue to trade on the NASDAQ Capital Market as long as the company meets other requirements.
- Company Response: Intrusion, Inc. intends to actively monitor its share price and evaluate available options to regain compliance with the minimum bid price rule. However, there is no assurance that the company will be able to regain or maintain compliance.
Shareholder Considerations and Potential Price Sensitivity
- Significant Listing Risk: The risk of delisting from NASDAQ is a material event for shareholders. Delisting can severely impact the liquidity and marketability of Intrusion’s common shares, potentially resulting in a sharp decrease in share price.
- Reverse Stock Split Possibility: If Intrusion opts for a reverse stock split to regain compliance, this corporate action could affect the number of shares held by investors and potentially influence the share price, sometimes causing volatility in the short term.
- Ongoing Uncertainty: The fact that the company cannot guarantee regaining compliance adds uncertainty for investors. Shareholders should closely monitor the company’s actions and any further communication from NASDAQ.
- Not an Emerging Growth Company: The report also notes that Intrusion is not considered an emerging growth company, which may influence its regulatory and reporting requirements, but the primary issue remains the bid price deficiency.
Details for Investors
Intrusion, Inc. is currently facing a critical compliance issue with NASDAQ’s minimum bid price rule. If the company cannot bring its share price above \$1.00 and maintain it for at least 10 consecutive business days by November 3, 2026, it risks being delisted from the NASDAQ Capital Market. Although an additional 180-day extension may be possible, it is conditional and not guaranteed.
The company is evaluating its options, which may include a reverse stock split—a move that is often seen as a last resort to artificially boost the share price. Investors should note that while such splits can restore compliance, they do not address underlying business fundamentals and may lead to post-split share price volatility.
At this time, trading in Intrusion’s shares continues as normal, but the situation introduces added risk and uncertainty for all shareholders. Investors should stay informed about further NASDAQ communications and any actions taken by the company that could impact share value.
Security Information
- Security: Common Stock, \$0.01 par value per share
- Trading Symbol: INTZ
- Exchange: NASDAQ Capital Market
- Company Headquarters: 101 East Park Blvd, Suite 1200, Plano, TX 75074
- Phone: (888) 637-7770
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own due diligence or consult with a financial advisor before making any investment decisions. The information provided is based on the company’s recent SEC filing and is subject to change without notice.
