Netmarble's grandchild company Gurobal Games has decided to dissolve the corporation.
According to the corporate registry of Gurobal Games on the 7th, the company held a shareholders meeting on Dec. 31 last year and decided to dissolve. On the same day, it appointed a liquidator and began the corporate liquidation process in earnest. The liquidator role was assumed by Ahn Ji-hoon, former other non-executive director of Gurobal Games.
Gurobal Games is a subsidiary of Kabam, Netmarble's North American subsidiary, and from 2018 to 2025 its cumulative loss reached 67 billion won. The company said that the business environment deteriorated because the performance of "King Arthur: Legends Rise," released in 2024, fell short of expectations.
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