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Posts tagged reverse-stock-split

NASDAQ tells THQ they cool for now

THQ received notification from stock exchange NASDAQ that the company is back in compliance, having maintained a closing stock price of over $1 for 10 consecutive business days. The publisher accomplished the feat through a 10-to-one reverse stock split, consolidating THQ's 70 million shares to 7...

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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...

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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...

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