THQ Complies for NASDAQ ListingTuesday, July 24, 2012
Video game publisher THQ Inc. regained compliance for continued listing on the NASDAQ Global Select Market, the company announced July 24.
The Agoura Hills-based company reached the minimum bid price rule following a stock split earlier in the month.
The reverse split reduced the number of outstanding shares in the company to 6.9 million from 68.5 million resulting in a closing price of $1 per share or greater for 10 consecutive business days.
In January, THQ was notified of a possible delisting because its shares sold for less than $1 for a 30-day period.
Mark R. Madler