ATARI Risks Delisting From NASDAQ

Video Game Law Blog

March 10, 2006

NASDAQ has given Atari, Inc., (NASDAQ ATAR), game publisher and developer, until August 30, 2006 to bring its share price above $1 for ten consecutive days. If Atari fails to bring its share price above $1 for ten consecutive days, NASDAQ will delist Atari's shares. On March 10, 2006 Atari's shares traded at $0.76. The drop in Atari's share price follows disappointing sales numbers for its latest fiscal quarter.

Coverage at http://shorl.com/difrajofiresu  (Gamasutra)

Please note that the article stipulates that the deadline for bringing the share price above $1 is April 30, 2006 but it is in fact August 30, 2006.

View Atari's share price at www.nasdaq.com  (Symbol ATAR)