Snail
Culver City, California, United States · Gaming, Information Technology, Video Games
Snail Games USA is the leading independent global developer and publisher of digital entertainment. We strive to create the best gameplay experience for gamers by leveraging technology and innovation in all that we do. Our growth and success since 2009 reflect our commitment to continue pushing boundaries and create something truly great. We endeavor to be the premier creators of virtual worlds, d
Key facts
- Headquarters
- Culver City, California, United States
- Employees
- 120
- Industries
- Gaming, Information Technology, Video Games
- Status
- Public (SNAL)
- Website
- snail.com
- Company page
Recent activity at Snail
- : SEC 8-K (8.01):
- : SEC 8-K (1.01): On August 5, 2026, Snail, Inc., through its subsidiary Interactive Films, LLC, entered into a Short Drama Production Business Agreement with Suzhou Snail Digital Technology Co., Ltd. for technical development, marketing, and commercial operations of the SaltyTV platform. This agreement spans from August 1, 2026, to July 31, 2027, with a total contract value of $864,000, payable in quarterly installments of $216,000 starting September 30, 2026. Additionally, on the same date, Snail, Inc. also signed a Game Testing Service Agreement with Suzhou Snail for thorough game testing services at a total price of $252,000, also to be paid in quarterly installments commencing September 30, 2026. Notably, both agreements involve related parties, with CEO Hai Shi and director Ying Zhou closely linked to Suzhou Snail.
- : SEC 8-K (8.01): On July 1, 2026, Snail, Inc. announced a Reverse Stock Split in an effort to meet the Nasdaq Capital Market's Minimum Bid Price Requirement, necessitating a minimum bid price of $1.00 per share. The Reverse Stock Split aims to enhance the appeal of the Class A Common Stock to a wider array of institutional and retail investors. The Company acknowledges the uncertainty of the Reverse Stock Split's effectiveness in raising the bid price sufficiently to prevent delisting, as compliance must be achieved by June 29, 2026. A press release detailing this action was issued on July 1 and is included as an exhibit to the current report.
- : SEC 8-K (8.01):
- : Snail Games Forms Partnership in Poland to Enhance Global Expansion Efforts
- : SEC 8-K (8.01): On May 20, 2026, Snail, Inc. filed Amendment No. 1 to its prospectus supplement to increase the capacity of its at-the-market offering program to $3,660,000 of Class A Common Stock. This follows the sale of shares worth $4,367,863 under the previous ATM Prospectus Supplement. The amendment enhances Snail, Inc.'s financial flexibility, allowing it to access capital efficiently at its discretion, depending on market conditions and strategic priorities. The amendment is part of the Offering Agreement with H.C. Wainwright & Co. LLC; however, there is no guarantee that future placements will be completed.
- : Snail Inc Appoints Heidy Chow as Chief Financial Officer
- : SEC 8-K (1.01): On April 6, 2026, Snail, Inc. entered into Amendment No. 3 to the Amended and Restated Exclusive Software License Agreement with SDE Inc. The Amendment reduces the monthly licensing fees from $2 million to $1.5 million, maintaining a clause that these obligations cease upon the release of the sequel ARK 2. Additionally, the Amendment alters the one-time payment structure for downloadable content (DLC), specifying a payment of $5 million for certain DLC releases after October 1, 2023. This transaction reflects strategic adjustments in Snail's publication rights for ARK: Survival Evolved and related titles, suggesting a focus on optimizing cash flow and revenue-sharing terms under changing market conditions. The signing parties include Snail, Inc., SDE Inc., and highlight relationships between company executives and the associated entities. The effective date of the amendment is April 1, 2026.
- : SEC 8-K (3.01): On December 30, 2025, Snail, Inc. received a notice of delisting from The Nasdaq Stock Market due to failing to maintain the minimum bid price of $1.00 for its common stock for thirty consecutive business days. The relevant period for this failure was from November 11, 2025, to December 29, 2025. While the notice highlights a significant compliance issue, it has no immediate effect on the current trading status of Snail, Inc.'s common stock, which will continue to be listed under the symbol 'SNAL'. This situation may impact investor confidence and necessitates strategic actions to regain compliance with Nasdaq's listing standards.
- : SEC 8-K (1.01):
Snail funding history
| Date | Round | Amount |
|---|---|---|
| Mar 2025 | Seed | $3.3M |
Leadership
- Andrew Swihart, Art Director
- Neil, Independent Director of Board
- Mike Nehme, Director of Production
- Heidy Chow, Chief Financial Officer
- Heidy Chow, Chief Financial Officer
- Peter Kang, Chief Operating Officer
Verified email and direct lines for Snail’s decision-makers are on Fundz. See plans — or book a 15-minute walkthrough.
Snail in the news
- Snail Games Highlights Portfolio Momentum with Upcoming Game Launch, Positive Steam Reviews, and Event Showcases - wahanariau.com (Oct 21, 2026)
- Snail Games Highlights Portfolio Momentum with Upcoming - GlobeNewswire (Oct 21, 2026)
- Snail, Inc. Sets Second Quarter 2026 Conference Call for Tuesday, August 11, 2026 at 4:30 p.m. ET - Yahoo Finance (Aug 06, 2026)
- Snail Games Highlights Participation in the 2026 Steam Autumn Sale to Drive Player Engagement Ahead of Halloween Season - Macau Business (Oct 01, 2026)
- Snail Games Subsidiary Interactive Films Launches The Fame - GlobeNewswire (Oct 15, 2026)
- Snail Games Unveils Gamescom 2026 Lineup Headlined by Upcoming AAA Title - Macau Business (Aug 20, 2026)
- Young people are leading a snail mail revival - Dazed (Jan 12, 2026)
- Welfare of invertebrates: a pilot study on a new land snail stunning technique - Nature (Apr 10, 2024)
Companies similar to Snail
- Super League Enterprise · Gaming, Information Technology, Video Games
- GameSquare · Gaming, Information Technology, Video Games
- Skybound Entertainment · Gaming, Information Technology, Video Games
- Players' Lounge · Gaming, Information Technology, Video Games
- Phasecraft · Gaming, Information Technology, Video Games
About Snail: questions and answers
What does Snail do?
Snail Games USA is the leading independent global developer and publisher of digital entertainment. We strive to create the best gameplay experience for gamers by leveraging technology and innovation in all that we do. Our growth and success since 2009 reflect our commitment to continue pushing boundaries and create something truly great. We endeavor to be the premier creators of virtual worlds, d
Where is Snail headquartered?
Snail is headquartered in Culver City, California, United States.
How many employees does Snail have?
Snail has about 120 employees.
Has Snail raised funding?
Yes. Fundz has recorded 1 funding event for Snail. The most recent, Seed of $3.3M, was in Mar 2025.
What is the latest news on Snail?
On Sep 01, 2026, SEC 8-K (8.01):
Is Snail a public company?
Yes. Snail is publicly traded under the ticker SNAL.
Source: Fundz records from SEC filings, press releases and company announcements. How Fundz measures data accuracy