Summary by Futu AI
Streeterville Capital LLC, Streeterville Management LLC, and John M. Fife have jointly filed a Schedule 13G with the SEC on December 27, 2024, disclosing a 9.8% ownership stake in Intrusion Inc. The filing reveals that these entities collectively hold 850,000 shares of Intrusion's common stock.The reported stake is based on 8,713,750 outstanding shares, as per Intrusion's Form S-3/A dated December 17, 2024. Streeterville Capital LLC, a Utah-based entity, directly owns the shares, while Streeterville Management LLC and John M. Fife indirectly benefit from this ownership.The filing parties state that the securities were not acquired to change or influence control of Intrusion. This significant stake acquisition could potentially impact Intrusion's stock dynamics and investor interest.