INTERGROUP CORP shareholders approved Ratification of the Appointment of Whitley Penn LLP as the Company’s Independent Registered Public Accounting Firm for the fiscal year ending June 30, 2026 at the 2026-05-20 meeting.
“Proposal (2) – Ratification of the Appointment of Whitley Penn LLP as the Company’s Independent Registered Public Accounting Firm for the fiscal year ending June 30, 2026: Votes For Against Abstain Broker Non-Votes 1,694,002 5,571 495”
Shareholder Votes
INTERGROUP CORP shareholders approved Election of two Class B Directors to serve until the fiscal 2028 Annual Meeting at the 2026-05-20 meeting.
“Proposal (1) – Election of two Class B Directors to serve until the fiscal 2028 Annual Meeting: Nominee For Withheld Broker Non-Votes Yvonne L. Murphy 1,517,016 1,253 181,799 William J. Nance 1,514,496 3,773 181,799”
Auditor Changes
INTERGROUP CORP engaged Whitley Penn LLP as its auditor.
“he appointment of Whitley Penn LLP (“Whitley”) as its independent registered public accounting firm was subject to the completion”
Auditor Changes
INTERGROUP CORP engaged Whitley Penn LLP as its auditor.
“On March 19, 2026, the Audit Committee approved the engagement of Whitley Penn LLP (“Whitley”) as its new independent registered public accounting firm, effectively immediately, subject to Whitley’s completion of its standard client acceptance, independence procedures, and execution of a final engagement letter.”
Auditor Changes
INTERGROUP CORP dismissed WithumSmith+Brown, PC as its auditor.
“On March 19, 2026, The InterGroup Corporation (the “Company”) dismissed WithumSmith+Brown, PC, (“Withum”) as the Company’s independent registered public accounting firm, effective immediately.”
Listing & Compliance Notices
INTERGROUP CORP received a nasdaq compliance regained notice regarding market value (rules 5550(b)(2)).
“September 17, 2025, the Company received a confirmation from Nasdaq that the Company has regained compliance with Listing Rule 5550(b)(2). Nasdaq’s notice stated that, as of September 15, 2025, the Company had demonstrated 11 consecutive business days with a market value of listed securities above $35 million, thereby satisfying the requirement. As a result, the Panel granted the Company’s request for continued listing, and the matter is now closed. The Company’s common stock will continue to be listed and traded on The Nasdaq Capital Market under the symbol “INTG”.”
Listing & Compliance Notices
INTERGROUP CORP received a nasdaq hearing update notice regarding market value (rules 5550(b)(2)).
“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 communica”
Listing & Compliance Notices
INTERGROUP CORP received a nasdaq deficiency notice notice regarding market value (rules 5550(b)(2), 5810(c)(3)(C)).
“November 21, 2024, Nasdaq Listing Qualifications Department (the “Staff”) notified The InterGroup Corporation (the “Company”) that the market value of its listed securities had been below the minimum $35,000,000 required for continued listing as set forth in Listing Rule 5550(b)(2) (the “Rule”) for the previous 30 consecutive trading days. Under Listing Rule 5810(c)(3)(C), the Company was provided 180 calendar days, or until May 20, 2025, to regain compliance with the Rule. As the Company did not meet the compliance criteria by that date, it was subsequently notified by the Staff on May 27, 20”
Listing & Compliance Notices
INTERGROUP CORP received a nasdaq deficiency notice notice regarding market value (rules 5550(b)(2), 5810(c)(3)(C)).
“November 21, 2024, Nasdaq Listing Qualifications Department (the “Staff”) notified The InterGroup Corporation (the “Company”) that the market value of its listed securities had been below the minimum $35,000,000 required for continued listing as set forth in Listing Rule 5550(b)(2) (the “Rule”) for the previous 30 consecutive trading days. Under Listing Rule 5810(c)(3)(C), the Company was provided 180 calendar days, or until May 20, 2025, to regain compliance with the Rule. However, the Company has not regained compliance with the Rule. It was so notified on May 27, 2025, by the Staff that if”
Material Agreements
INTERGROUP CORP entered into Mezz Forbearance Agreement with CRED REIT HOLDCO LLC (effective 2024-04-29).
“On April 29, 2024, CRED REIT HOLDCO LLC (“Mezz Lender”) entered into a Forbearance Agreement (the “Mezz Forbearance Agreement”), all capitalized terms in this paragraph are used as defined in the Mezz Forbearance Agreement with Justice Mezzanine Company, LLC (“Justice Mezz”), an indirect subsidiary of Portsmouth Square, Inc. (“Portsmouth”).”
Material Agreements
INTERGROUP CORP entered into Mortgage Loan Forbearance Agreement with U.S. Bank National Association and other lenders (effective 2024-04-29).
“On April 29, 2024, U.S. Bank National Association and other lenders (“Lender”) entered into a Forbearance Agreement (the “Mortgage Loan Forbearance Agreement”), all capitalized terms are used in this paragraph as defined in this agreement with Justice Operating Company, LLC (“Justice”), a subsidiary of the Portsmouth Square, Inc. (“Portsmouth”), a subsidiary of The InterGroup Corporation.”
Debt Financings
INTERGROUP CORP reported a default on loan of $97 million principal amount with various institutional lenders.
“On January 4, 2024, The InterGroup Corporation (the "Issuer" or the "Company") was made aware of a notice of default (the "Notice") issued to Justice Operating Company, LLC, which is the wholly owned subsidiary of Portsmouth Square, Inc. ("Justice") and received by Justice as of that date. The Notice states that the $97 million principal amount in loans made to Justice by various institutional lenders, known as Loan No.: M300801016 / Reference No.: SS57524 and Loan No.: M300801015 / Reference No.: SS57523, are in default.”
Shareholder Votes
INTERGROUP CORP shareholders approved Ratification of the Appointment of WithumSmith+Brown PC as the Company’s Independent Registered Public Accounting Firm for the fiscal year ending June 30, 2023. at the 2023-05-31 meeting.
“Proposal (2) – Ratification of the Appointment of WithumSmith+Brown PC as the Company’s Independent Registered Public Accounting Firm for the fiscal year ending June 30, 2023: Votes For Against Abstain Broker Non-Votes 1,817,751 1,283 10 -”
Shareholder Votes
INTERGROUP CORP shareholders approved Election of one Class A Directors to serve until the fiscal 2024 Annual Meeting and two Class B Directors to serve until the 2025 Annual Meeting. at the 2023-05-31 meeting.
“Proposal (1) – Election of one Class A Directors to serve until the fiscal 2024 Annual Meeting and two Class B Directors to serve until the 2025 Annual Meeting. Nominee For Withheld Broker Non-Votes Steven Grunwald 1,787,371 1,089 30,584 Yvonne L. Murphy 1,784,566 3,894 30,584 William J. Nance 1,781,825 6,635 30,584”
David Gonzalez was appointed as Chief Operating Officer at INTERGROUP CORP.
“On May 31, 2023, the Company’s Board appointed David Gonzalez as the Company’s Chief Operating Officer.”
Danfeng Xu resigned as Treasurer and Controller at INTERGROUP CORP.
“On August 31, 2022, Danfeng Xu resigned as the Treasurer and Controller of The InterGroup Corporation effective immediately.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.