Video game publisher THQ Inc. regained compliance for continued listing on the NASDAQ Global Select Market, the company announced July 24.
The Agoura Hills-based company reached the minimum bid price rule following a stock split earlier in the month.
The reverse split reduced the number of outstanding shares in the company to 6.9 million from 68.5 million resulting in a closing price of $1 per share or greater for 10 consecutive business days.
In January, THQ was notified of a possible delisting because its shares sold for less than $1 for a 30-day period.
Mark R. Madler