THQ Also Faces NASDAQ De-Listing [ News ] (totalvideogames.com)
- totalvideogames.com -
Following both Activision and Take-Two Interactive, THQ has today confirmed that it's faces being de-listed from the NASDAQ stock market following its delay in releasing quarterly results.
All three publishers are under investigation by the US Securities and Exchange Commission for anomalous stock option practices in the 1990s, which led to a delay in filing the 10-Q form - leading to the de-listing warning from NASDAQ.
Like Activision and Take-Two, THQ has requested a meeting with the NASDAQ listings qualification panel to discuss the matter further.
Following both Activision and Take-Two Interactive, THQ has today confirmed that it's faces being de-listed from the NASDAQ stock market following its delay in releasing quarterly results.
All three publishers are under investigation by the US Securities and Exchange Commission for anomalous stock option practices in the 1990s, which led to a delay in filing the 10-Q form - leading to the de-listing warning from NASDAQ.
Like Activision and Take-Two, THQ has requested a meeting with the NASDAQ listings qualification panel to discuss the matter further.
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