<SEC-DOCUMENT>0001683168-24-001459.txt : 20240313
<SEC-HEADER>0001683168-24-001459.hdr.sgml : 20240313
<ACCEPTANCE-DATETIME>20240313162542
ACCESSION NUMBER:		0001683168-24-001459
CONFORMED SUBMISSION TYPE:	424B5
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20240313
DATE AS OF CHANGE:		20240313

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			INTRUSION INC
		CENTRAL INDEX KEY:			0000736012
		STANDARD INDUSTRIAL CLASSIFICATION:	COMPUTER COMMUNICATIONS EQUIPMENT [3576]
		ORGANIZATION NAME:           	06 Technology
		IRS NUMBER:				751911917
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		424B5
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-258491
		FILM NUMBER:		24746281

	BUSINESS ADDRESS:	
		STREET 1:		101 EAST PARK BLVD, SUITE 1200
		CITY:			PLANO
		STATE:			TX
		ZIP:			75074
		BUSINESS PHONE:		9722346400

	MAIL ADDRESS:	
		STREET 1:		101 EAST PARK BLVD, SUITE 1200
		CITY:			PLANO
		STATE:			TX
		ZIP:			75074

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	INTRUSION COM INC
		DATE OF NAME CHANGE:	20000601

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ODS NETWORKS INC
		DATE OF NAME CHANGE:	19970507

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	OPTICAL DATA SYSTEMS INC
		DATE OF NAME CHANGE:	19950517
</SEC-HEADER>
<DOCUMENT>
<TYPE>424B5
<SEQUENCE>1
<FILENAME>intz_424b5.htm
<DESCRIPTION>FORM 424B5
<TEXT>
<HTML>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Filed Pursuant to Rule 424(b)(5)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Registration No. 333-258491</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>PROSPECTUS SUPPLEMENT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>(To Prospectus dated August 16, 2021, as amended)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><IMG SRC="image_001.gif" ALT="Blue letters on a black background&#10;&#10;Description automatically generated" STYLE="height: 99px; width: 379px"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>1,378,677 Shares of Common Stock,</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Warrants to Purchase up to 1,378,677 Shares
of Common Stock</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>and</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>the Shares of Common Stock underlying the Warrants</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">This Prospectus Supplement No. 2 (this &ldquo;Prospectus
Supplement No. 2&rdquo;) relates to the sale of (i) 1,378,677 shares of our common stock, par value $0.01 per share, and warrants to purchase
1,378,677 shares of common stock (the &ldquo;Warrants&rdquo;), as described in this prospectus supplement and the base prospectus. Each
share of common stock and accompanying Warrant is being sold together at a price of $4.29. The Warrants will have an exercise price of
$5.22 per share, will be immediately exercisable and will expire on the fifth anniversary of the issuance date. This offering also relates
to the shares of common stock issuable upon exercise of the Warrants. The shares of common stock and the Warrants are immediately separable
and will be issued separately, but will be purchased together in this offering.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As used in this Prospectus Supplement No. 2, &ldquo;Intrusion,&rdquo;
the &ldquo;Company,&rdquo; &ldquo;we,&rdquo; &ldquo;us,&rdquo; or &ldquo;our&rdquo; refer to Intrusion Inc. and its subsidiaries, unless
otherwise indicated. This Prospectus Supplement No. 2 should be read together with the base prospectus and this Prospectus Supplement
No. 2 is qualified by reference to the base prospectus (collectively, the &ldquo;Prospectus&rdquo;), except to the extent that the information
in this Prospectus Supplement No. 2 updates and supersedes the information contained in the base prospectus. This Prospectus Supplement
No. 2 is not complete without, and may not be delivered or utilized except in conjunction with, the base prospectus, including any amendments
thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Our common stock is listed on The Nasdaq Stock
Market (&ldquo;Nasdaq&rdquo;) under the symbol &ldquo;INTZ.&rdquo; On March 1, 2024, the last reported sale price of our common stock
as reported by Nasdaq was $0.1883. There is no established public trading market for the Warrants and we do not expect a market to develop.
In addition, we have not listed, and do not intend to list, the Warrants on Nasdaq or any other national securities exchange, or on any
other nationally recognized trading system.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As previously reported by the Company, on March
4, 2024, the Company&rsquo;s Board of Directors approved entry into an inducement letter (the &ldquo;Inducement Letter&rdquo;) to lower
the exercise price of the Warrants. Pursuant to the terms of the Inducement Letter, the Company offered holders of the Warrants the opportunity
to exercise the Warrants, in accordance with the terms of the Warrants, at a reduced exercise price of $0.19 per share, during the period
beginning on March 4, 2024 and continuing through March 19, 2024.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>You should review carefully the risks described
in the section of the Prospectus titled &ldquo;<I><U>Risk Factors</U></I>&rdquo; and the documents referred to therein before investing
in our common stock.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Neither the Securities and Exchange Commission
nor any state securities commission has approved or disapproved of these securities or passed upon the accuracy or adequacy of this prospectus
supplement or the accompanying prospectus. Any representation to the contrary is a criminal offense.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><I>Placement Agent</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Wellington Shields &amp; Co. LLC&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Prospectus Supplement dated March 4, 2024.</P>



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