Sections

THQ Section 363 auction results noted in SEC filing

Wednesday, 24th April 2013 21:19 GMT By Stephany Nunneley

THQ has filed Form 8-K with the SEC regarding the recent acquisitions during its Chapter 11 Section 363 auction reported earlier this week.

In total, THQ will receive $6.55 million for the sale of IP to Nordic Games, Gearbox Software, and 505 Games. The company is filing its motions today with the Bankruptcy Court to obtain approval of these proposed sales.

Here’s the rundown:

Entry into 505 Games Asset Purchase Agreement: Drawn to Life and Drawn to Life: The Next Chapter for $301,000.

Entry into Gearbox Asset Purchase Agreement: Homeworld for the amount of $1,350,000.

Entry into Nordic Games Asset Purchase Agreement: Darksiders, Red Faction, MX, other owned software (including Destroy all Humans! and Summoner) and other licensed software (including Marvel Super Hero Squad and Supreme Commander) for the amount of $4,900,000.

The list of properties which were available to bid on were broken down in the following lots:

Lot 1 – OWNED SOFTWARE

  • Red Faction
  • Red Faction Armageddon
  • Red Faction 2
  • Red Faction: Guerrilla

Lot 2 – OWNED SOFTWARE

  • Homeworld
  • Homeworld 2

Lot 3 – OWNED SOFTWARE

  • MX Alive
  • MX vs ATV Untamed
  • MX Superfly featuring Ricky Carmichael
  • MX vs. ATV Alive Tournament
  • MX Unleashed
  • MX vs. ATV Unleashed
  • MX vs ATV Reflex
  • MX vs. ATV: On The Edge

Lot 4 – OWNED SOFTWARE

  • Darksiders
  • Darksiders 2

Lot 5 – OWNED SOFTWARE

  • All Star Cheer Squad
  • All Star Cheer Squad 2
  • All Star Karate
  • Baja: Edge of Control
  • Battle of the Bands
  • Beat City
  • Big Beach Sports
  • Big Beach Sports 2
  • Big Family Games
  • Crawler
  • Deadly Creatures
  • Deep Six
  • Destroy All Humans!
  • Destroy All Humans! 2
  • Destroy All Humans! Big Willy Unleashed
  • Destroy All Humans! Path of the Furon
  • Dood’s Big Adventure
  • Drawn to Life
  • Drawn to Life: The Next Chapter
  • Elements of Destruction
  • Fantastic Pets
  • Frontlines: Fuel of War
  • Full Spectrum Warrior 1
  • Full Spectrum Warrior 2: Ten Hammers
  • Juiced
  • Juiced 2: Hot Import Nights
  • Lock’s Quest: Construction Combat
  • Neighborhood Games
  • Pax Imperia
  • Stuntman: Ignition
  • Summoner
  • Summoner 2
  • Terranium
  • The Outfit
  • Titan Quest
  • Titan Quest: Immortal Throne
  • World of Zoo
  • uDraw

Lot 6 – LICENSED SOFTWARE (buyer to pay any cure costs)

  • Costume Quest
  • Daniel X (SueJack)
  • Deepak Chopra’s Leela (Curious Holdings)
  • Fancy Nancy: Tea Party Time! (Harper Collins)
  • Jeopardy
  • Jeopardy 2
  • Journey to the Center of the Earth
  • Let’s Ride Best of Breed
  • Marvel Super Hero Squad: Comic Combat
  • Marvel Super Hero Squad: The Infinity Gauntlet
  • Marvel Super Hero Squad: The Infinity Gauntlet 2
  • Nancy Drew: The Hidden Staircase
  • Nexuiz
  • Paws & Claws Marine Rescue
  • Paws & Claws Pampered Pets Resort 3D
  • PurrPals 2
  • Rio
  • Rocket Riot
  • Screwjumper (Frozen Codebase)
  • Scripps Spelling Bee (Scripps)
  • Sherlock Holmes and the Mystery of Osborne House
  • Stacking
  • Supreme Commander
  • Supreme Commander Forged Alliance
  • The Biggest Loser
  • Truth or Lies
  • Vampire Legends: Power of Three (dtp)
  • Wheel of Fortune
  • Wheel of Fortune 2
  • World of Zoo
  • Worms 2
  • Worms: A Space Oddity
  • Worms: Open Warfare 2 (Team 17)
  • Worms Battle Islands
  • Worms Open Warfare
  • You Don’t Know Jack (Jellyvision)

Bidding for the remainder THQ franchises which weren’t sold in January closed last week, with 17 final bids for IP . The sale was expected to bring in between

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