Ark: Survival Evolved

Snail 10-Q: Q2 2026

Snail, Inc. operates as a unified entity focused on the development, publishing, and distribution of interactive entertainment across global digital platforms.

• Snail, Inc. is facing potential delisting from the Nasdaq Capital Market due to noncompliance with minimum bid price and equity requirements, with a hearing scheduled for August 13, 2026, to appeal a July 1, 2026, staff determination.
• The company is diversifying its content strategy beyond traditional gaming by launching 'SaltyTV,' a short-form drama mobile application that has released over 300 titles as of June 30, 2026.
• Units sold for the six months ended June 30, 2026, increased by 0.5 million (13.8%) compared to the same period in 2025, driven by 1.0 million units of 'ARK: Survival Ascended' and 0.2 million units of 'Bellwright,' offsetting a 0.7 million unit decline in 'ARK: Survival Evolved.'