Tequila Works, the Madrid-based company known for the likes of Gylt and Rime, has filed for insolvency.
“Since its founding in 2009, Tequila Works’ game-development philosophy has always focused on ‘creating things with gusto’,” the statement read.
Tequila Works released its then-Stadia-exclusive Gylt back in 2019.
However, due to “prolonged market conditions”, the company had no other option but to file for insolvency.
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