regulatory
confidence high
sentiment negative
materiality 0.85
Nasdaq notifies InterGroup of delisting for market value below $35M; company to appeal
INTERGROUP CORP
- Market value of listed securities had been below $35M for 30+ days as of Nov 21, 2024.
- 180-day compliance period ended May 20, 2025; Company failed to regain compliance.
- May 27, 2025 Staff notification: delisting from Nasdaq Capital Market effective June 5, 2025 unless appeal filed.
- Company will file an appeal by June 3, 2025; hearing request stays suspension pending Panel decision.
item 3.01item 9.01