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Matthew Griffin (Marketing & Publishing for Hollow Knight: Silksong) gives an update on the game today. Here's his full quote since the title is a bit long for the word limit:
Hey gang, just a quick update about Silksong.
We had planned to release in the 1st half of 2023, but development is still continuing. We're excited by how the game is shaping up, and it's gotten quite big, so we want to take the time to make the game as good as we can.
Expect more details from us once we get closer to release.
Twitter Source: