Intrusion Inc. Enters into Note Purchase Agreement

On April 6, 2026, Intrusion Inc. entered into a Note Purchase Agreement with Streeterville Capital, LLC. Pursuant to the agreement, the company issued a Secured Promissory Note with a principal amount of $3,230,000 for cash proceeds of $3,000,000. The note carries a 7% annual interest rate, matures in 24 months, and is secured by all of the company's assets and intellectual property. The agreement includes customary representations, warranties, and covenants, such as requirements for timely SEC reporting and maintaining exchange listing. The investor also has monthly redemption rights and a 10% participation right in future financings. The company has also agreed to pay transaction expenses and an original issue discount.