The InterGroup Corporation has regained compliance with Nasdaq's market value rule, allowing continued trading under ticker "INTG."
Quiver AI Summary
The InterGroup Corporation announced it has regained compliance with Nasdaq's Market Value of Listed Securities Rule, having achieved a market value of at least $35 million for 11 consecutive business days. Previously, Nasdaq had informed the company in November 2024 of its noncompliance. As of September 15, 2025, the company demonstrated the necessary compliance, allowing its common stock to continue trading on the Nasdaq Capital Market under the ticker symbol "INTG." Chairman and CEO John V. Winfield expressed satisfaction with this development, emphasizing the company's commitment to long-term shareholder value. The InterGroup Corporation, established in 1985, focuses on real estate investment and other income-generating properties.
Potential Positives
- The InterGroup Corporation has regained compliance with Nasdaq Listing Rule 5550(b)(2), ensuring its continued listing on The Nasdaq Capital Market.
- This compliance confirms the Company's market value of listed securities has been maintained above the required $35 million threshold for 11 consecutive business days.
- The resolution of this compliance issue allows the Company to focus on executing its strategic plans and delivering long-term value for its shareholders.
Potential Negatives
- The company had previously been out of compliance with Nasdaq Listing Rule 5550(b)(2), indicating potential financial instability or market undervaluation.
- Although compliance has been regained, the need to issue a press release on this matter suggests ongoing scrutiny of the company's financial health.
- The press release does not provide specific details on the factors that contributed to the company's previous non-compliance, which may raise concerns for investors about the robustness of the company's financial practices.
FAQ
What did The InterGroup Corporation announce on September 18, 2025?
The InterGroup Corporation announced it has regained compliance with Nasdaq Listing Rule 5550(b)(2).
What is Nasdaq Listing Rule 5550(b)(2)?
This rule requires companies to maintain a market value of listed securities of at least $35 million.
How long did InterGroup demonstrate compliance with Nasdaq's rule?
The Company demonstrated compliance for 11 consecutive business days.
What is the ticker symbol for The InterGroup Corporation?
The ticker symbol for The InterGroup Corporation is "INTG."
What is the primary business focus of The InterGroup Corporation?
The InterGroup Corporation focuses on real estate investment, including ownership and operation of various income-producing properties.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$INTG Insider Trading Activity
$INTG insiders have traded $INTG stock on the open market 19 times in the past 6 months. Of those trades, 19 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $INTG stock by insiders over the last 6 months:
- DAVID C GONZALEZ (COO) has made 17 purchases buying 8,760 shares for an estimated $112,643 and 0 sales.
- JOHN V WINFIELD (PRESIDENT & CEO) has made 2 purchases buying 3,700 shares for an estimated $53,158 and 0 sales.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$INTG Hedge Fund Activity
We have seen 2 institutional investors add shares of $INTG stock to their portfolio, and 7 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- PFG INVESTMENTS, LLC removed 344,753 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $3,981,897
- CITADEL ADVISORS LLC removed 13,480 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $163,377
- QUBE RESEARCH & TECHNOLOGIES LTD added 2,636 shares (+11.9%) to their portfolio in Q2 2025, for an estimated $30,445
- BLACKROCK, INC. removed 1,264 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $14,599
- CALDWELL SUTTER CAPITAL, INC. removed 1,194 shares (-2.9%) from their portfolio in Q2 2025, for an estimated $13,790
- TOWER RESEARCH CAPITAL LLC (TRC) added 375 shares (+227.3%) to their portfolio in Q2 2025, for an estimated $4,331
- JNBA FINANCIAL ADVISORS removed 82 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $993
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
Los Angeles, CA, Sept. 18, 2025 (GLOBE NEWSWIRE) -- The InterGroup Corporation (NASDAQ: INTG) (the “Company”) today announced that it has received a letter from The Nasdaq Stock Market, LLC (“Nasdaq”) confirming that it has regained compliance with Nasdaq Listing Rule 5550(b)(2) (the “Market Value of Listed Securities Rule”).
As previously disclosed, Nasdaq had notified the Company in November 2024 that it was not in compliance with the Market Value of Listed Securities Rule, which requires listed companies to maintain a market value of listed securities of at least $35 million. On September 17, 2025, Nasdaq confirmed that, as of September 15, 2025, the Company demonstrated compliance for 11 consecutive business days, thereby satisfying the rule.
As a result, the matter is now closed, and the Company’s common stock will continue to be listed and traded on The Nasdaq Capital Market under the ticker symbol “INTG”.
“ We are very pleased to have regained compliance and should be able to continue our listing on Nasdaq ,” said John V. Winfield, Chairman of the Board, President and Chief Executive Officer. “ InterGroup remains focused on executing its strategy and delivering long-term value for its shareholders. ”
About The InterGroup Corporation
The InterGroup Corporation is a Delaware corporation formed in 1985. The Company’s business is real estate investment, including ownership and operation of apartment buildings, a hotel, and other income-producing properties, as well as securities and other investments.
Forward-Looking Statements
This press release may contain forward-looking statements about the Company’s business, financial condition, and prospects. These statements are based on current expectations and assumptions and involve risks and uncertainties that could cause actual results to differ materially. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date hereof. The Company undertakes no obligation to update or revise any forward-looking statements, except as required by law.
Contact:
Investor Relations
The InterGroup Corporation
1516 S. Bundy Drive, Suite 200
Los Angeles, CA 90025
Tel: (310) 889-2500
