At Intrusion's Annual Meeting on August 27, 2024, shareholders approved five key proposals with approximately 56.44% of eligible votes represented. All six nominated directors were successfully elected to serve until the 2025 Annual Meeting, with each receiving strong majority support.Stockholders approved significant equity-related measures, including an increase in the 2021 Omnibus Incentive Plan share reserve from 125,000 to 2.5 million shares and an expansion of the Employee Stock Purchase Plan from 50,000 to 1 million shares. The appointment of Whitley Penn LLP as independent auditors for FY2024 was also ratified.Notably, shareholders approved the issuance of up to $10 million in Common Stock under a Standby Equity Purchase Agreement with Streeterville Capital, LLC, complying with Nasdaq Marketplace Rule 5635(d). This authorization allows for stock issuance exceeding 20% of current outstanding shares at below-minimum prices.

At Intrusion's Annual Meeting on August 27, 2024, shareholders approved five key proposals with approximately 56.44% of eligible votes represented. All six nominated directors were successfully elected to serve until the 2025 Annual Meeting, with each receiving strong majority support.Stockholders approved significant equity-related measures, including an increase in the 2021 Omnibus Incentive Plan share reserve from 125,000 to 2.5 million shares and an expansion of the Employee Stock Purchase Plan from 50,000 to 1 million shares. The appointment of Whitley Penn LLP as independent auditors for FY2024 was also ratified.Notably, shareholders approved the issuance of up to $10 million in Common Stock under a Standby Equity Purchase Agreement with Streeterville Capital, LLC, complying with Nasdaq Marketplace Rule 5635(d). This authorization allows for stock issuance exceeding 20% of current outstanding shares at below-minimum prices.