In other bankruptcy news this week, AfterShock Comics has announced that they have emerged from Chapter 11 bankruptcy and plans to begin publishing comics again.
AfterShock, the publisher of Animosity, Bunny Mask, Babyteeth and more, filed for bankruptcy protection in late 2022 “due to the impact of the COVID-19 pandemic,” according to the press release. They’ve been fairly quiet ever since, and honestly I figured we’d never hear from them again (although their website has never gone dark in that period).
“The pandemic and subsequent writer’s strike impacted our business in ways nobody could have predicted,” said AfterShock Comics CEO Jon Kramer. “While we still believe that securing financing in the spring of 2020 to grow out our business and keep everyone working was the correct strategic move, business conditions proved unstable and, in spite of positive interest on the investment front from numerous parties, the ongoing uncertainty amidst the prolonged pandemic disrupted our momentum. Though recognizing the effect it might have on our extremely important relationships with creators, fans, distributors and retailers, the restructuring process was the best avenue we could have pursued to protect our assets and the work of all those who created content for AfterShock.”
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