More Reviews
REVIEWS Boo Bunny Plague Review
If you think you can enjoy the definition of budget game design, this one might make you laugh.

Minimum Review
With so many shooters crowding the marketplace, it’s refreshing to see Minimum take the low-fi route through Steam Early Access.
More Previews
PREVIEWS Halo: The Master Chief Collectio Preview
Microsoft and 343 Industries want to bring the entire Halo saga to Xbox One and this collection does exactly that with new graphics for Halo 2.
Release Dates
NEW RELEASES Persona 4 Arena Ultimax
Release date: 09/30/14

Alien: Isolation
Release date: 10/07/14

Borderlands: The Pre-Sequel
Release date: 10/14/14

The Evil Within
Release date: 10/14/14


LATEST FEATURES Sunset Overdrive Co-op Is a Thrill Ride and a Half: TGS Multiplayer Hands-On
I play a co-op round of Sunset Overdrive with seven other people at the Tokyo Game Show.

Ori and the Blind Forest is Enchanting as Hell If Hell Were Magical as Shit [TGS Hands-On]
I want to protect her. It. Him. That. That thing. Ori.
MOST POPULAR FEATURES The Updating List of PAX Indies
We're heading to PAX Prime! Are you looking to check out a few unique indie games while you're there? UPDATED: Dragon Fin Soup, Dungeon of the Endless,

LEADERBOARD
Read More Member Blogs
FEATURED VOXPOP shandog137 Background: I own and have completed every entry in the Ninja Storm series, so there is inherent bias but luckily this isn’t a review. These are just my thoughts on a fun series I chose to pick up after my Dragon Ball Z Budokai days. I am also only about 3 episodes behind in the...

GAMING NEWS

THQ Fights To Stay On NASDAQ

Posted on Monday, July 2 @ 08:09:15 Eastern by Keri_Honea


THQ, for obvious reasons, really does not want to get booted off of NASDAQ. If that were to happen, we could go on ahead and sing the funeral march for the publisher, as sad as that would be. THQ has another trick up its sleeve, however, in the form of a reverse stock split.

The publisher's Board of Directors agreed to set the reverse split stock ratio at 1-for-10, which will start on July 9th. So what does this mean? Every ten shares of THQ's current common stock will automatically become one share, which will reduce THQ's shares from 68.5 million to 6.9 million.

And why would they do this? THQ wants to raise the per-share trading price of its stock to at least $1.00 in order to remain compliant with NASDAQ's listing requirements. Per NASDAQ's orders, THQ has until July 23rd to boost its stock value to at least $1.00 for 10 consecutive days. If not, well, I think you know what that means. This move isn't guaranteed to work, but at this point, it's one of the only options they have, sadly enough.

As of the market closing on Friday, THQ stock was at $.62 per share. 
Tags:   THQ
FOLLOW ME ON TWITTER. YOU KNOW YOU WANT TO.


More from the Game Revolution Network




comments powered by Disqus

More On GameRevolution