THQ has only 180 days to turn the tide and reverse the fall of their share price, or they potentially face being delisted by the NASDAQ stock exchange.
A report on site Develop revealed that THQ, the publisher of titles such as Homefront, Saints Row: The Third and Darksiders II, has been trading at less that $1 for more than 30 days.
The share price threshold is $1, and THQ's stock is currently trading at $0.70 (a 2.3% drop from yesterday). To avoid delisting, the publisher needs to raise its value past the threshold for at least 10 consecutive days.
The warning signs have been coming thick and fast of late. THQ let staff go from the team of the failed uDraw tablet, after considerably less-than-expected sales.
The struggling publisher has also been closing down studios as they try and cut operating costs, with Kaos Studios being the biggest name development team to get closed down.
Just two weeks ago, THQ were forced to deny that they were facing bankruptcy. This denial was then reinforced by THQ's recent statement, where they revealed their intention to focus on their core franchises, at the expense of their kid-friendly entertainment licenses.
Whether THQ are going to be able to restore their share price remains to be seen, but they face an uphill battle to do so in the face of such clear uncertainty. What is certain is that this saga is likely to run on for some time.