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Mad Catz delisted from NYSE, files for Chapter 7 bankruptcy

by on April 4, 2017

Peripheral maker Mad Catz has thrown in the towel after unsuccessfully scouring for (pick one), bank financing, an equity infusion or sale of assets.

Apparently after enjoying a fairly solid business as a peripheral and game controller manufacturer during the  Playstation Era, the company tried to expand into publishing with an ill-fated JV with Harmonix to release Rock Band 4. The rest is, as they say, history, but in a more literal and fatalistic sense.

The company was delisted from the NYSE recently ahead of the Chapter 7 filing.

 

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