Atari announced that its stockholders
have approved a one-for-ten reverse stock split that will allow Atari to
meet the minimum stock price requirements for continued listing on the
NASDAQ Global Market.
As a result of this week's action, each 10 shares of Atari common stock, par value $0.01 per
share, will become one share of common stock, par value $0.10 per share.
Stockholders who would be entitled to fractions of a share will receive
cash instead of the fractional shares.