SC 13G/A

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. 13)

 

 

Intrusion Inc.

(Name of Issuer)

Common Stock, par value $0.01 per share

(Title of Class of Securities)

46121E205

(CUSIP Number)

December 31, 2018

(Date of Event Which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

☐ Rule 13d-1(b)

☒ Rule 13d-1(c)

☐ Rule 13d-1(d)

 

*

The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 


CUSIP No. 46121E205    13G    Page 2 of 9

 

  1     

Names of Reporting Persons

 

MAZ Partners LP

  2  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ☐        (b)  ☒

 

  3  

SEC Use Only

 

  4  

Citizenship or Place of Organization

 

Delaware

Number of  

Shares  

Beneficially   Owned by  

Each  

Reporting   Person  

With  

       5     

Sole Voting Power

 

0

       6   

Shared Voting Power

 

675,554(1)

       7   

Sole Dispositive Power

 

0

       8   

Shared Dispositive Power

 

675,554(1)

  9  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

675,554(1)

10  

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  ☐

 

11  

Percent of Class Represented by Amount in Row (9)

 

5.2%

12  

Type of Reporting Person (See Instructions)

 

    PN                

 

(1)

Includes 46,000 shares of Common Stock issuable upon the conversion of Series 3 5% Preferred Stock, which are convertible only to the extent that the number of shares of Common Stock issuable pursuant to the 5% Preferred Stock, together with the number of shares of Common Stock owned by the stockholder (but not including shares of Common Stock underlying unconverted portions of the 5% Preferred Stock) would not exceed 9.9% of the then outstanding Common Stock.


CUSIP No. 46121E205    13G    Page 3 of 9

 

  1     

Names of Reporting Persons

 

MAZ Capital Advisors, LLC

  2  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ☐        (b)  ☒

 

  3  

SEC Use Only

 

  4  

Citizenship or Place of Organization

 

Delaware

Number of  

Shares  

Beneficially   Owned by  

Each  

Reporting   Person  

With  

       5     

Sole Voting Power

 

0

       6   

Shared Voting Power

 

675,554(1)

       7   

Sole Dispositive Power

 

0

       8   

Shared Dispositive Power

 

675,554(1)

  9  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

675,554(1)

10  

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  ☐

 

11  

Percent of Class Represented by Amount in Row (9)

 

5.2%

12  

Type of Reporting Person (See Instructions)

 

    OO                

 

(1)

Includes 46,000 shares of Common Stock issuable upon the conversion of Series 3 5% Preferred Stock, which are convertible only to the extent that the number of shares of Common Stock issuable pursuant to the 5% Preferred Stock, together with the number of shares of Common Stock owned by the stockholder (but not including shares of Common Stock underlying unconverted portions of the 5% Preferred Stock) would not exceed 9.9% of the then outstanding Common Stock.


CUSIP No. 46121E205    13G    Page 4 of 9

 

  1     

Names of Reporting Persons

 

Walter Schenker

  2  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ☐        (b)  ☒

 

  3  

SEC Use Only

 

  4  

Citizenship or Place of Organization

 

USA

Number of  

Shares  

Beneficially   Owned by  

Each  

Reporting   Person  

With  

       5     

Sole Voting Power

 

312,046

       6   

Shared Voting Power

 

675,554(1)

       7   

Sole Dispositive Power

 

312,046

       8   

Shared Dispositive Power

 

675,554(1)

  9  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

987,600

10  

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  ☐

 

11  

Percent of Class Represented by Amount in Row (9)

 

7.5%

12  

Type of Reporting Person (See Instructions)

 

    IN                

 

(1)

Includes 46,000 shares of Common Stock issuable upon the conversion of Series 3 5% Preferred Stock, which are convertible only to the extent that the number of shares of Common Stock issuable pursuant to the 5% Preferred Stock, together with the number of shares of Common Stock owned by the stockholder (but not including shares of Common Stock underlying unconverted portions of the 5% Preferred Stock) would not exceed 9.9% of the then outstanding Common Stock.


CUSIP No. 46121E205    13G    Page 5 of 9

 

Item 1(a)

Name of Issuer:

Intrusion Inc.

 

Item 1(b)

Address of Issuer’s Principal Executive Offices:

1101 East Arapaho Road, Suite 200 Richardson, Texas 75081

 

Item 2(a)

Name of Person Filing:

MAZ Partners LP

MAZ Capital Advisors, LLC

Walter Schenker

MAZ Partners LP is the record holder of the securities reported herein for MAZ Partners LP. MAZ Capital Advisors, LLC is the General Partner of MAZ Partners LP. Walter Schenker is the sole member and manager of MAZ Capital Advisors, LLC.

 

Item 2(b)

Address of Principal Business Office or, if none, Residence:

MAZ Partners LP

MAZ Capital Advisors, LLC

Walter Schenker

1130 Route 46, Suite 22

Parsippany, New Jersey 07054

 

Item 2(c)

Citizenship:

MAZ Partners LP – Delaware

MAZ Capital Advisors, LLC – Delaware

Walter Schenker – USA

 

Item 2(d)

Title of Class of Securities:

Common Stock, $.01 par value

 

Item 2(e)

CUSIP Number:

46121E205

 

Item 3.

If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:.

Not applicable.

 

Item 4.

Ownership

Each reporting person’s calculation of its percentage ownership of the Common Stock of the Issuer is based upon 13,120,336 shares of Common Stock issued and outstanding as of November 1, 2018, as reported by the Issuer in its Quarterly Report on Form 10-Q filed with the Commission on November 13, 2018.


CUSIP No. 46121E205    13G    Page 6 of 9

 

  (a)

Amount beneficially owned:

MAZ Partners LP – 675,554

MAZ Capital Advisors, LLC – 675,554

Walter Schenker – 987,600(1)

 

  (1)

Includes 204,631 shares held by Mr. Schenker in an IRA.

 

  (b)

Percent of class:

MAZ Partners LP – 5.2%

MAZ Capital Advisors, LLC – 5.2%

Walter Schenker – 7.5%

 

  (c)

Number of shares as to which the person has:

MAZ Partners LP

 

  (i)

Sole power to vote or to direct the vote:    0.

 

  (ii)

Shared power to vote or to direct the vote    675,554.

 

  (iii)

Sole power to dispose or to direct the disposition of    0.

 

  (iv)

Shared power to dispose or to direct the disposition of    675,554.

 

  MAZ

Capital Advisors, LLC

 

  (i)

Sole power to vote or to direct the vote:    0.

 

  (ii)

Shared power to vote or to direct the vote    675,554.

 

  (iii)

Sole power to dispose or to direct the disposition of    0.

 

  (iv)

Shared power to dispose or to direct the disposition of    675,554.

 

  Walter

Schenker

 

  (i)

Sole power to vote or to direct the vote:    312,046.

 

  (ii)

Shared power to vote or to direct the vote    675,554.

 

  (iii)

Sole power to dispose or to direct the disposition of    312,046.

 

  (iv)

Shared power to dispose or to direct the disposition of    675,554.

 

Item 5.

Ownership of Five Percent or Less of a Class

Not Applicable.

 

Item 6.

Ownership of More than Five Percent on Behalf of Another Person

Not Applicable.


CUSIP No. 46121E205    13G    Page 7 of 9

 

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person

Not Applicable.

 

Item 8.

Identification and Classification of Members of the Group

Not Applicable.

 

Item 9.

Notice of Dissolution of Group

Not Applicable.

 

Item 10.

Certification

By signing below, I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.


CUSIP No. 46121E205    13G    Page 8 of 9

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Date: February 6, 2019

 

MAZ Partners LP

By:

 

MAZ Capital Advisors, LLC,

its General Partner

By:

 

/s/ Walter Schenker

 

Name: Walter Schenker

Title:   Manager

MAZ Capital Advisors, LLC

By:

 

/s/ Walter Schenker

 

Name: Walter Schenker

 

Title:   Manager

 

/s/ Walter Schenker

 

Walter Schenker


CUSIP No. 46121E205    13G    Page 9 of 9

EXHIBIT 1

AMENDED AND RESTATED JOINT FILING AGREEMENT

In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, the persons named below agree to the joint filing on behalf of each of them of a statement on Schedule 13G (including amendments thereto) with respect to the common stock of Intrusion Inc. and further agree that this Joint Filing Agreement be included as an Exhibit to such joint filings.

In evidence thereof, the undersigned, being duly authorized, have executed this Joint Filing Agreement as of the 6th day of February 2019.

 

MAZ Partners LP

By:

 

MAZ Capital Advisors, LLC,

its General Partner

By:

 

/s/ Walter Schenker

 

Name: Walter Schenker

Title:   Manager

MAZ Capital Advisors, LLC

By:

 

/s/ Walter Schenker

 

Name: Walter Schenker

 

Title:   Manager

 

/s/ Walter Schenker

 

Walter Schenker