SOUTH PLAINFIELD, NJ — (Marketwired) — 07/29/16 — Majesco Entertainment Company (NASDAQ: COOL) ("Majesco", or the "Company"), an innovative provider of downloadable games for the mass market, today announced the Company has approved a 1-for-6 reverse split of its issued and outstanding common stock. The reverse stock split will be effective with The NASDAQ Capital Market ("NASDAQ") at the open of business on August 1, 2016. The par value and other terms of Compa
SOUTH PLAINFIELD, NJ — (Marketwired) — 04/14/16 — Majesco Entertainment Company (NASDAQ: COOL) ("Majesco", or the "Company"), an innovative provider of downloadable games for the mass market, announced today that it accepted subscription agreements (the "Subscription Agreements") with certain accredited investors in a Registered Direct Offering (the "Offering"). The net proceeds of the Offering, before expenses, is approximately $1.5 million.Under the
SOUTH PLAINFIELD, NJ — (Marketwired) — 03/22/16 — Majesco Entertainment Company (NASDAQ: COOL) (the "Company"), an innovative provider of downloadable games for the mass market, announced today the development launch of a new title, Glue, for the PC. Glue is a first-person puzzle-platform game with a cutting edge ragdoll physics engine. You will use your Glue gun to maneuver and manipulate objects to get from level to level. The Company expects to release the game in time for Summe
SOUTH PLAINFIELD, NJ — (Marketwired) — 03/16/16 — Majesco Entertainment Company (NASDAQ: COOL)Successfully released two new award-winning games in January 2016New management has aligned themselves with shareholders as demonstrated through increased insider ownership. Insider ownership now stands at 40%, up from 6% in the comparable prior year periodCash and cash equivalents of $6.65 million as of January 31, 2016Total liabilities reduced 73.8% from the comparable prior year period; reduced f
SOUTH PLAINFIELD, NJ — (Marketwired) — 01/19/16 — Majesco Entertainment Company (NASDAQ: COOL) (the "Company"), a provider of downloadable games for the mass market, announced today the release of Gone Home: Console Edition for PlayStation 4 & Xbox One and A Boy and His Blob for PlayStation 4, PlayStation Vita, Xbox One, and PC.Gone Home, the winner of more than fifty "end of year" awards, including Polygon–s Game of the Year and IGN Entertainment–s PC Game of the Y
SOUTH PLAINFIELD, NJ — (Marketwired) — 01/06/16 — Majesco Entertainment Company (NASDAQ: COOL) (the "Company"), an innovative provider of downloadable games for the mass market, announced today that its Board of Directors has authorized a special dividend of approximately $0.33 per common share (including common share equivalents) in cash, payable on January 15, 2016 to shareholders of record as of January 14, 2016.Barry Honig, Co-Chairman and Chief Executive Officer, commented: &q
SOUTH PLAINFIELD, NJ — (Marketwired) — 12/28/15 — Majesco Entertainment Company (NASDAQ: COOL) (the "Company"), an innovative provider of downloadable games for the mass market, announced today that it was advised by The NASDAQ Stock Market on December 22, 2015 that the Company has regained compliance with NASDAQ–s listing requirements. The Company has satisfied the terms of the NASDAQ Listing Rule 5605(c)(2) by maintaining an Audit Committee consisting of three independent direct
Appoints John Stetson as Executive Vice President and Chief Financial Officer; Appoints Barry Honig and Michael Brauser as Co-Chairmen of the Board of Directors; Edward Karr and Andrew Kaplan Named Directors
SOUTH PLAINFIELD, NJ — (Marketwired) — 08/07/15 — Majesco Entertainment (NASDAQ: COOL)Dear Majesco Shareholder:As you know, over the past few years Majesco Entertainment has had significant success with its "Zumba Fitness" and other titles. With the rapidly changing landscape of connected gaming, we have faced increasingly challenging market conditions while watching the high risk retail gaming business diminish in importance. Accordingly, I am writing to update you on the progress
