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Posts tagged delisting

Majesco stock closes day at under $1

Majesco closed the trading day at $0.75/share, down 29 percent from yesterday. The publisher now has 30 days to bring its stock price above a dollar before it receives a delisting notice from the NASDAQ stock exchange. Stocks valued at under a dollar are against the NASDAQ rules. The Cooking Mama c...

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THQ retains NASDAQ listing as board approves reverse stock split

THQ will keep its NASDAQ listing following the approval of a reverse stock split by its controlling board. Last week, stockholders met and approved a 10-to-one reverse stock split, effectively consolidating THQ's nearly 70 million stock units to around 7 million, and bringing their value from aroun...

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THQ planning reverse stock split to avoid NASDAQ delisting

THQ filed plans with the SEC Friday for a June 29 stockholders meeting, where the company will propose a reverse stock split to avoid delisting from NASDAQ. In the filing, the company describes the need for the stock split to maintain the $1 per share minimum that NASDAQ requires for listing. THQ o...

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THQ receives stock delisting notice

THQ's woes continue as the troubled publisher receives a delisting warning from the Nasdaq stock exchange. The company's stock has been trading below the minimum of $1 for the past 30 days. The publisher has 180 calendar days (until July 23, 2012) to make its stock regain compliance for 10 consecut...

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Marble Blast Ultra rolls right off of XBLA

Marble Blast Ultra, one of the earliest Xbox Live Arcade games, has been removed from the service. The game is no longer listed on the Xbox Live Marketplace, though its DLC packs are still currently available. The delisting, according to XBLA Fans, is the result of developer GarageGames' recent a...

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OutRun Online Arcade removed from PSN; XBLA version coming down Dec. 2011

Sega's OutRun Online Arcade has apparently been pulled from the PlayStation Network and will be taken off Xbox Live Arcade in December 2011. That's according to a statement the publisher gave Eurogamer after the site noticed OutRun had seemingly run off PSN. Sega explained that the reason for th...

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Sega 'looking to improve Sonic strategy,' reducing supply of older Sonic games

There are stories emanating from the mysterious coalition known simply as "Europe" that Sega -- responsible for some of your dearest childhood memories and, maybe, your first heartbreak -- is busy "delisting" less-than-stellar Sonic the Hedgehog titles from European retailers. Jurgen Post, Sega SVP...

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Majesco threatened with Nasdaq delisting, again

Majesco, publisher of Cooking Mama and ... other stuff, has received a delisting notice from the Nasdaq stock market. The company now has 180 calendar days to bring its stock above $1 per share, the minimum required to remain on the exchange. The trick, though, is it can't just pop its fiscally hur...

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Majesco cooks up compliance with Nasdaq

Majesco has regained compliance with the Nasdaq stock exchange after completing a stint of ten consecutive days with a stock price of over $1. When asked for comment, Cooking Mama exclaimed, "RONDERFUL!" The publisher is known for Cooking Mama and ... um. Anyway, last August, Majesco was informed ...

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Midway kicked all the way out of NYSE

Midway's stock has succumbed to the Swamps of Sadness and been delisted from the New York Stock Exchange. MCV reports that the walking corpse of a company failed to bring its stock to over $1 per share for over 30 days during the last few months, thus prompting the NYSE regulatory commission to sh...

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