Beamable Restructures under Small Business Reorganization Act

Beamable Restructures under Small Business Reorganization Act

In April 2020, Disruptor Beam pivoted from a game studio to a software-as-a-service (SaaS) company called Beamable. As part of that pivot, we exited the business of developing and operating games.

In 2020, a new restructuring option became available to allow companies like Beamable an option to responsibly and constructively restructure its liabilities, dedicate its disposable monthly income to a plan of reorganization and enable the company to focus on its new customers and growing business. As a result of the COVID-19 pandemic, the CARES act expanded the Small Business Reorganization Act (SBRA) to include companies such as Beamable. Beamable is now in this process.

As of today, Beamable has 35 game companies building on it’s platform. We’ve worked with Amazon to join the AWS Marketplace and support their GameTech initiatives. We are hosting a charity game jam in India! We are launching a new technology called C# Microservices that will fundamentally change how live games are built and run in Unity using an EngineCentric™ approach.

Beamable has seen amazing growth and received amazing feedback since we officially launched the company back in April, and our team continues to work tirelessly to invest in making the Beamable platform easier to use and more effective at helping game studios build game businesses.

If you are a current or prospective customer, and you have any questions about how this restructuring impacts you, please don’t hesitate to contact us through your support channels or via our website.

UPDATE (Feb 12/2021): Beamable has successfully confirmed its reorganization plan.