Connect with us

Hi, what are you looking for?


Report: Mad Catz Could Be Delisted From NYSE

Mad Catz could be in big trouble as they have received a notice from the New York Stock Exchange stating that due to the company’s low selling share price, the company could be delisted from the NYSE unless it can show “a sustained improvement in its share price” within the next six months.

The company have noted that the companies board of directors are “currently assessing the appropriate ratio of post-split shares for every pre-split shares that would best serve the company’s stockholders while allowing the Company to remain compliant with the NYSE MKT’s continued listing requirements.”

The New York Stock Exchange requires that companies maintain a minimum average closing price of at least $1.00 apiece over 30 consecutive trading days. Mad Catz stock are currently trading at $0.15 each

Advertisement. Scroll to continue reading.

You May Also Like


Keen Software House have released update 1.181 for their popular space game Space Engineers. This new update fixes major multithreading issues and performance optimizations....


The latest issue of Famitsu has revealed that Big John Games is developing a new game in their Cube Creator series titled Cube Creator...


In what is one of the holy grails for NES collectors, a Nintendo M8 demo unit has been put up for sale on eBay....


The latest issue of V-Jump has confirmed the first two DLC characters for Dragon Ball FighterZ will be Broly and Bardock. Broly will feature...