UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act Of 1934
Date of Report (Date of earliest event reported): May 25, 2010
THE INTERGROUP CORPORATION
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(Exact name of registrant as specified in its charter)
Delaware 1-10324 13-3293645
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
10940 Wilshire Blvd., Suite 2150, Los Angeles, California 90024
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (310) 889-2500
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of
the following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
ITEM 8.01 Other Events.
Following a hearing held before a NASDAQ Listing Qualifications Panel (the
"Panel") last month, the Panel determined to grant the request of The
InterGroup Corporation (the "Company") for continued listing on The NASDAQ
Capital Market pending the Company's return to compliance with either the
minimum $2.5 million stockholders' equity or the $35 million market value of
listed securities ("MVLS") requirement for continued listing.
On May 25, 2010, NASDAQ notified the Company that it achieved compliance with
the minimum $35 million MVLS requirement and that it complies with all other
applicable standards for continued listing on The NASDAQ Capital Market,
thereby satisfying the requirements of the Panel's decision. Accordingly,
the Company will continue to be listed on NASDAQ and the delisting proceeding
is now closed.
On May 26, 2010, the Company issued a press release announcing the receipt of
the notice of compliance from NASDAQ, the text of which is included in this
document as Exhibit 99.1.
ITEM 9.01. Financial Statements and Exhibits.
(d) Exhibits
99.1 Text of Press Release, dated May 26, 2010 of the
Registrant.
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: May 26, 2010 By /s/ Michael G. Zybala
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Michael G. Zybala
Asst. Secretary and Counsel
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EXHIBIT INDEX
Exhibit No. Description
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99.1 Press Release issued May 26, 2010