SPAR Group, Inc. Moves Listing from Nasdaq to OTCQB (SGRP)

What Happened

• SPAR Group, Inc. (ticker: SGRP) filed an 8‑K (July 23, 2026) stating it received a Nasdaq determination letter notifying the company its common stock would be delisted and trading could be suspended absent a successful appeal.
• On July 22, 2026 the company announced that its common stock will begin trading on the OTCQB effective at the open of trading on July 23, 2026, using the same ticker symbol, "SGRP." A press release is attached as Exhibit 99.1 to the filing.

Key Details

• Nasdaq sent a determination letter (date not restated in this 8‑K) indicating potential delisting and suspension absent a successful appeal.
• OTCQB trading commencement: effective at the open on July 23, 2026 under ticker SGRP.
• The 8‑K includes standard forward‑looking statement disclosures and references SPAR Group’s Form 10‑K for the fiscal year ended Dec 31, 2025 (filed Mar 31, 2026) for additional risks and details.

Why It Matters

• The company’s transfer from Nasdaq to the OTCQB follows a Nasdaq delisting notice — a material change in where the stock trades. The filing’s forward‑looking disclosures highlight risks (including potential effects on revenues, liquidity, compliance with listing rules, and shareholder value) and direct investors to the 2025 Form 10‑K and other SEC filings for more information. Investors should note the change in trading venue may affect liquidity, visibility, and trading conditions for SGRP shares and review the company’s SEC reports for related risk details.