THQ No Longer On The NASDAQ
Earlier this year, publisher THQ struggled to stay listed on the NASDAQ; they managed to stay on by reducing their total number of common shares.
But not long after filing for bankruptcy, the embattled game producer has been officially de-listed from the NASDAQ stock exchange, as reported by Gamasutra. Unsurprising.
THQ is now listed on OTC Markets until the bankruptcy deal has been approved and things start rolling. For now, that means that over-the-counter business involves phone and electronic trading, but no trading on the actual trading floor. After filing for Chapter 11, the publisher revealed that a seller was in line to pick up all of the company's assets, but we don't have any specifics beyond that. We're hoping everything turns out well for THQ, mainly because we really want to see Saints Row 4 and Darksiders III, among other things.
1/2/2013 9:34:22 PM John Shepard