Intrusion has received an additional six months to bring its share price back into compliance with Nasdaq’s minimum bid-price rule. The cybersecurity company’s stock remains listed on the Nasdaq Capital Market, but it must meet the price requirement by May 3, 2027, or face a delisting notice.
The extension gives Intrusion more time to address a deficiency it did not resolve during its first 180-day compliance period. The company says it may use a reverse stock split if needed, but it has not announced that it will do so.
Key details
- Nasdaq’s initial compliance period ended November 3, 2026. Intrusion had been out of compliance after its shares closed below $1 for 30 consecutive business days.
- To regain compliance, the stock must close at or above $1 per share for at least 10 consecutive business days before May 3, 2027. Nasdaq may require a longer period, up to 20 consecutive business days.
- Intrusion told Nasdaq it intends to address the shortfall during the extension, including through a reverse stock split if necessary. If the company chooses that route, it must complete the split at least 10 business days before the May 3 deadline.
- Nasdaq granted the extension because Intrusion met the other applicable listing requirements, including the requirement for the market value of publicly held shares.
- The extension does not change the stock’s current listing or trading. Shares continue to trade on the Nasdaq Capital Market under the ticker INTZ.
- If Intrusion misses the new deadline, Nasdaq staff would issue a delisting notice. The company could appeal that decision, though the outcome is not assured.
- Intrusion says it will monitor its share price and evaluate options to regain compliance.
What changes for investors
The immediate change is more time: Intrusion’s Nasdaq listing is not presently at risk of removal under this price deficiency while the extension is in effect. A reverse split remains a possible remedy, not a completed or announced action. If the share price does not meet Nasdaq’s test by the deadline, the company could face delisting proceedings.