"This was an extremely difficult decision and reflects the challenging times many companies in our industry are currently facing," the studio says.
The game's imminent digital release will be followed by a physical launch in January, Square Enix has confirmed.
Square Enix and Deck Nine's game is available on PlayStation 5, Xbox Series X/S, and PC, with a Nintendo Switch version yet to come.
The original Life is Strange's protagonist, Max Caulfield, returns in a new murder mystery set across two timelines.
Initial impressions of the story and characters are positive, though there have been complaints about PC performance and visual bugs.
Deck Nine and Square Enix's adventure title is set to launch for PlayStation, Xbox, and PC later this month, with a Switch version also in the works.
As the administrative assistant to Caledon University's president and a real smooth talker, Lang holds the key to many secrets.
Returning protagonist Max Caulfield will find herself trying to unravel the mysteries behind her friend's death while hopping between two different timelines.
Deck Nine Games also confirms an accessibility option to indicate the current timeline that Max is in to prevent confusion.
A new trailer turns the spotlight to Caledon University, where protagonist Max Caufield will be spending a great deal of her time.
The outfit pack is exclusive to the Ultimate Edition, which retails for $79.99 and grants two weeks early access to the first two chapters.
As an astrophysicist and a close friend of Safi's, Moses will have a key role to play in Max's next adventure.
Max's closest friend at Caledon, she's suddenly murdered under mysterious circumstances, prompting the former to reawaken her powers.
Players will make choices in an early conversation depicting their experiences in Arcadia Bay, but neither ending is considered "canon."
Learn more about the fate of Max's Rewind powers and how she'll shift between alternate timelines to save her friend, Safi.
Deck Nine's narrative and game directors will discuss new details about the adventure alongside Hannah Telle, the voice of Max.
Max Caufield, the original game's protagonist, returns in a supernatural murder mystery where you'll be traversing two different timelines.
