regulatory
confidence high
sentiment neutral
materiality 0.70
Nasdaq grants The InterGroup Corp. extension to Sept 30, 2025 to meet $35M market value listing rule
INTERGROUP CORP
- Company received delisting notice on May 27, 2025 for market value below $35M for 180+ days.
- After appeal hearing on July 8, 2025, Nasdaq Panel granted extension to September 30, 2025.
- Must have market value of listed securities at least $35M for ten consecutive trading days by Sept 30.
- Management plans to communicate strategic outlook and intrinsic value, noting GAAP may understate asset fair value.
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