THQ stock no longer trading.
According to a listing VG247 obtained, “Based on review of information provided by the company, Nasdaq Staff determined that the company no longer qualified for listing on the Exchange pursuant to Listing Rules 5101, 5110(b), and IM-5101-1.
“The company was notified of the Staffs determination on December 19. The Company did not appeal the Staff determination to the Hearings Panel, and the Staff determination to delist the Company became final on December 28.”
Also, it seems that Double Fine Productions has taken an interest in THQ according to Distress Debt Investing, though it could just be an attempt to buy back Costume Quest and Stacking, both titles published by THQ in the past.
The auction happens next week. Any major predictions over who will be in control of THQ’s properties going forward?