Company: INTG
Filing Date: 2025-09-30
Form Type: 10-K
Source: 0001493152-25-016154
Chunk: 16

Company: INTERGROUP CORP
Filing Date: 2025-09-30
Form: 10-K
Item: Item 1
Chunk 16
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and may be unable to liquidate the investment without incurring a substantial loss if cash is needed on short notice. This lack of liquidity
could adversely affect our ability to respond to changing market conditions or to reallocate capital to other strategic opportunities.

Litigation
and legal proceedings could expose us to significant liabilities and thus negatively affect our financial results.

We
are a party, from time to time, to various litigation claims and legal proceedings, government and regulatory inquiries and/or proceedings,
including, but not limited to, intellectual property, premises liability and breach of contract claims. Material legal proceedings are
described more fully in Note 17, Commitments and Contingencies, to our consolidated financial statements, included in Item 8 of this
Annual Report on Form 10-K.

Litigation
is inherently unpredictable and defending these proceedings can result in significant ongoing expenditures and the diversion of our management’s
time and attention from the operation of our business, which could have a negative effect on our business operations. Our failure to
successfully defend or settle any litigation or legal proceedings could result in liabilities that, to the extent not covered by our
insurance, could have a material adverse effect on our financial condition, revenue and profitability. In addition, regulatory investigations
or enforcement actions could result in fines, penalties, or other sanctions, some of which may not be covered by insurance. Any adverse
publicity resulting from litigation or regulatory matters could also harm our brand reputation and customer relationships, further impacting
revenues.

The
threat of terrorism could adversely affect the number of customer visits to the Hotel.

The
threat of terrorism has caused, and may in the future cause, a significant decrease in customer visits to San Francisco due to disruptions
in commercial and leisure travel patterns and concerns about travel safety. We cannot predict the extent to which disruptions in air
or other forms of travel as a result of any further terrorist act, outbreak of hostilities or escalation of war would adversely affect
our financial condition, results of operations or cash flows. The possibility of future attacks may hamper business and leisure travel
patterns and, accordingly, the performance of our business and our operations. Moreover, other security-related risks – including
cybersecurity threats impacting travel infrastructure, domestic or international civil unrest, and geopolitical tensions – could
have similar adverse effects on travel demand and hotel occupancy levels.

We
depend in part, on third-party management companies for the future success of our business and the loss of one or more of their key personnel
could have an adverse effect