Fragbite Group Files Bankruptcy for Fall Damage Studio
The Swedish game developer faces financial instability after failing to secure a publisher for its upcoming title, Alara Prime.
- Fragbite acquired Fall Damage in October 2023 for $1.86 million.
- The $3.63 million bankruptcy filing is due to the inability to find a publisher for Alara Prime.
- Despite the bankruptcy, development on Alara Prime remains on schedule.
- Fragbite's other subsidiaries and operations will continue unaffected.
- Fall Damage was founded in 2017 by former DICE developers.