After downloading new patch, game throws Application Initialize Error

  • A few minutes ago I opened the Fiesta Online launcher and it downloaded the latest patch (1.02.270) and then when I clicked "Launch Game" it threw an Application Initialize Error, Game Data Initialize Fail.


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    To narrow down possibilities I also tried it on my laptop and my brother's laptop which both ran the game perfectly fine previously, however both threw the exact same error so I believe this may be an issue with the new patch.