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THQ hopes to merge stock to avoid NASDAQ delisting

THQ has announced plans to reverse split its stock in an attempt to fend off NASDAQ delisting. The battling publisher was given 180 days to bring its shares above $1 each after bottoming out in January; the deadline is July 23 and THQ is trading at around 60 cents. THQ will ask shareholders to approve the decision at a meeting on June 29.

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Brenna Hillier avatar

Brenna Hillier

Contributor

Based in Australia and having come from a lengthy career in the Aussie games media, Brenna worked as VG247's remote Deputy Editor for several years, covering news and events from the other side of the planet to the rest of the team. After leaving VG247, Brenna retired from games media and crossed over to development, working as a writer on several video games.

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