How the mighty have fallen.

It’s no secret that Atari, one of the earliest giants of the games industry, has fallen on hard times in recent years, but on Friday, the Nasdaq stock market announced that it would delist Atari, Inc., suspending all trading in the company’s shares. This news is merely a culmination of many months of warnings from Nasdaq, as Atari’s market value maintained a level below the market’s $15 million minimum.

Time technically ran out for Atari late last month, but the company bought itself some time by appealing to the Nasdaq Listing Qualifications Panel. That appeal, however, was denied, and though Atari may face a review before the Nasdaq Listing and Hearing Review Council, trading in Atari stocks was nevertheless suspended on May 9 without further delay.

Atari has struggled to keep its head above water over the past few years, selling its studios and licenses in the face of mounting debts. This does not mean the end of the beleaguered publisher, however, as its parent company, the French publisher Infogrames, had previously made a deal with Atari to buy its remaining shares for $11 million, and officials from Atari have declared that the delisting will not affect the merger.