Take-Two Interactive Software(TTWO Quote) received a letter indicating that the company is not in compliance with filing requirements for continued listing on the Nasdaq.
Take-Two said late Thursday that it anticipated receipt of this notice because, as previously announced, a subcommittee of its independent board members is conducting an internal investigation of stock option grants, which has delayed the filing of its third-quarter Form 10-Q. The video game software maker will request a hearing with the Nasdaq Listing Qualifications Panel to review the determination. Take-Two intends to file its Form 10-Q as soon as practical after its commitee concludes its investigation and the company and its independent auditors complete any related accounting review. Shares of Take-Two closed down 53 cents, or 3.5%, to $14.48.- Loading Comments...
- Loading Comments...
Recent Comments
Featured Photo Galleries
Connect with TheStreet
 |
 |
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,464.40 | 1,110.63 | 2,176.05 | 32.79 |
Oil *
78.36
|
|
UP
30.69
|
UP
4.98
|
UP
6.87
|
DOWN
0.38
|
10 Yr
3.28%
SPDR Gold
116.62
|
|
+0.29%
|
+0.45%
|
+0.32%
|
-1.15%
|
Data delayed 20 minutes |
