TSR Inc. (NASD: TSRI), a Hauppauge NY-based information technology staffing firm, intends to transfer its stocks to the Nasdaq Capital Market from the Nasdaq Global Market.

The company had announced in September it received a noncompliance notice that its stock had not maintained a minimum market value of $5.0 million for 30 days as required for the Nasdaq Global Market.

Nasdaq must still approve the transfer.