THQ Raises $6 Million in Common Stock Offering

THQ Inc., a Calabasas developer of video games, said it completed a secondary offering of common stock that raised $6 million in gross proceeds for the company.

In the offering, THQ sold 1.5 million shares for $4 each. An additional 750,000 shares were sold for the same price by certain existing THQ stockholders.

THQ said it plans to use its proceeds for working capital and other general purposes.