Intrusion Inc. has announced the termination of its At Market Sales Agreement with B. Riley Securities, effective June 11, 2025. The company had filed a prospectus supplement to its registration statement in January 2025, allowing for the potential sale of up to $50 million in common stock through B. Riley as the sales agent. However, as of the latest reports, no shares have been sold under this offering. Following the termination of the sales agreement, Intrusion Inc. plans to end the prospectus supplement and will not pursue further sales under this arrangement.
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: 0001683168-25-004442), on June 12, 2025, and is solely responsible for the information contained therein.