Warhammer 40k Publisher THQ Gets NASDAQ Delisting Warning

Posted Tue, Jan 31, 2012 by Martuk

THQ has been struggling financially over the last year and suffered a number of layoffs and closed several game studios. A report from Develop notes that THQ’s stock is trading at around $.70 a share, putting it below the $1 mark for more than 30 days and leading to a warning for delisting from NASDAQ if the publisher can’t get its common stock above $.99 for 10 consecutive business days within the next 180 days. Should THQ get delisted, they can appeal the decision or possibly get an extension on the 180 day deadline.

Rumors began circulating earlier this month that THQ was looking to sell off the Warhammer 40k: Dark Millennium Online MMOG, which is being developed by subsidiary Vigil Games, a rumor that THQ responded to by stating that they had “not made any decisions regarding the planned MMO."

How this latest news might affect the development of Warhammer 40k: Dark Millennium Online is unclear, so stay tuned and we’ll update you when we have more.

Source: Develop

Everyone's favorite traditional evil cannon-fodder monster has had some PR work over the past few years, resulting in a strange image overhaul.
Sat, Dec 07, 2013

THQ is no more. The company assets have been auctioned off, but Warhammer 40k developer Vigil was not picked up.

Press Release, News, Official Announcements
Thu, Jan 24, 2013

The fate of Warhammer 40k: Dark Millennium Online takes a twist that confuses even THQ about its future.

Thu, Dec 20, 2012

Troubled publisher THQ files voluntary Chapter 11 Bankruptcy and enters into an asset purchase agreement with Clearlake Capital Group, L.P.

Press Release, News, Official Announcements
Wed, Dec 19, 2012

News from around the 'Net