According to a listing on the Australian Securities and Investments Commission website, Red Ant has been placed into a state of "UNDER EXTERNAL ADMINISTRATION and/or CONTROLLER APPOINTED".

Red Ant distribute Capcom, Konami, Bethesda and Midway, so this news will come as a blow for Aussie and Kiwi gamers.

No word yet on how this affects Gamewizz who distribute Red Ant's catalogue in New Zealand, but we'll keep you updated as soon as we hear more. Thanks to Kotaku for the heads up.