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FEATURED VOXPOP oblivion437     In all the talk of graphical downgrades no one seems much preoccupied with 'why?'.  Why build something and then proceed to tear it down, piece by piece, in the hope that ever more diminished expectations about the final product won't be severe enough to...

GAMING NEWS

THQ No Longer In Danger Of NASDAQ Delisting, For Now

Posted on Tuesday, July 24 @ 13:37:00 Eastern by


NASDAQ has sent notification to THQ that the company is now in compliance with the minimum bid price rule, which means that they won't be delisted from NASDAQ.

More specifically, THQ has closed at a minimum of $1.00 per share for 10 consecutive business days, mainly by doing a 10-to-one reverse stock split which at the time of the approved action meant that their 70 million stock units valued at $0.62 turned into 7 million stock units valued at $6.20.

THQ has recently assigned Jason Rubin as the new president and Ron Moravek as Executive Vice President of Production. Hopefully, their upcoming game Darksiders 2, released on August 14, will see a return to THQ's better days.
Related Games:   Darksiders II
Tags:   THQ, Darksiders
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