THQ threatened with Nasdaq delisting
THQ has confirmed it has received a warning from Nasdaq threatening delisting for failing to file its second quarter results on time.
THQ has confirmed it has received a warning from Nasdaq threatening delisting for failing to file its second quarter results on time.
The publisher has said it will request a hearing before Nasdaq in order to remain listed, while it conducts an internal investigation of the company's historical stock option grant practices by a special committee.
A growing number of US publishers are amongst the 180 companies currently having their practices scrutinised regarding backdating stock options, including Activision and Take 2.
About the author
Matt Martin
Matt Martin joined GamesIndustry in 2006 and was made editor of the site in 2008. With over ten years experience in journalism, he has written for multiple trade, consumer, contract and business-to-business publications in the games, retail and technology sectors.
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