The company has let go of project director Danielle Reynolds and customer experience manager Derek Gill as part of the "heartbreaking" layoffs, which it said were necessary to ensure its long-term sustainability.
Hong Kong-listed CMON had hoped to sell more than 360 million newly-created shares in a process which would have valued the company at just over $5m, with the money raised going towards developing new games, marketing and events, and general working capital.
Moodbox Games will be led by former Catan Studio director of brand development Kelli Schmitz and long-time young adult-focused book editor Shaina Olmanson, who joined Asmodee as an operations and communications manager in May of this year.
Triton Noir, the Canadian board game publisher which found Kickstarter success with its tabletop adaptation of the Assassin's Creed video game series, has closed down almost a year after scrapping its fifth and final crowdfunding campaign.
The designer and illustrator of co-operative card game Présages have both picked up awards in this year's Prix des Boutiques Ludiques, chosen by French board game retailers.
Steamforged Games, the tabletop publisher behind licensed video game adaptations including Elden Ring and Monster Hunter World, has expanded its retailer-focused trade team as the UK-based company looks to continue its recent rapid growth.
Long-running French board game publisher Ludonaute is calling time on creating new games at the end of 2025, saying the hobby's huge expansion in recent years had seen passion within the industry leech away in favour of economic decision-making.
CMON was already reeling from a more than $3m loss last year, with falling sales for its crowdfunding campaigns leading the company to its lowest annual revenue since pandemic-hit 2020.
Financially-struggling board game publisher Elf Creek Games has brought in Genius Games founder John Coveyou as executive director, as the company tries to "stabilise and restructure" in order to get its multiple unfulfilled Kickstarter campaigns out to backers.
French board game publisher IELLO has given Blue Orange USA exclusive first pick on bringing its titles to the US, having left former partner Flat River Group after it slashed its North American hobby game distribution operation.
