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Delisting Notice

Filed Jul 23, 2025 · 11mo ago · Accession 0001641172-25-020630

Plain English

Material event — a significant development the company must disclose promptly.

Read the source below for the full document.

Securities and Exchange Commission.   The Company submitted a timely appeal under the procedures outlined in the Nasdaq Listing Rule 5800 Series. A hearing before the Nasdaq Hearings Panel (the “Panel”) was held on July 8, 2025.   On July 17, 2025, the Panel notified the Company that it had granted an extension to regain compliance. The Company must demonstrate compliance with the Rule by having a market value of listed securities of at least $35 million for ten consecutive trading days on or before September 30, 2025.   Management Actions to Regain Compliance   In connection with its ongoing efforts to regain compliance with Nasdaq Listing Rule 5550(b)(2), management is actively pursuing initiatives intended to enhance market visibility and shareholder value. These efforts include, but are not limited to, efforts to communicate the Company’s strategic outlook and intrinsic value to the public. As required under generally accepted accounting principles (GAAP), the Company carries its real estate investments at historical cost, which management believes may materially understate the current fair market value of the Company’s assets. The Company aims to communicate its belief as to these underlying values and reinforce its commitment to achieving long-term shareholder value.   ITEM 9.01 EXHIBITS   104   Cover Page Interactive Data File         SIGNATURES   Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.     THE INTERGROUP CORPORATION       Dated: July 22, 2025 By: /s/ John V. Winfield     Chairman of the Board; President and Chief Executive Officer
Filing details
Ticker
INTG
CIK
69422
Form type
8-K
Filing date
Jul 23, 2025
Report date
Jul 17, 2025
Document
form8-k.htm
Size
201 KB