Nacon Declares Bankruptcy and Seeks to Pay Debts
The main shareholder has not settled their shares
Nacon, the French publisher that, in addition to producing and distributing licensed accessories, is the patron of various small and medium-sized development teams, has declared bankruptcy.
The issue, reported by VGC, is related to the fact that Nacon's main shareholder, Bigben Interactive, has not settled its liabilities, with the consequence that the company is physically unable to honor its obligations to creditors. Nacon has therefore filed for insolvency in order to take advantage of a series of fiscal mechanisms that allow it to renegotiate the repayment of debts while simultaneously finding a way to continue ongoing work and get back on track.
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The company's stock had already been suspended last week when Bigben Interactive's insolvency became apparent. Nacon was effectively born as an evolution of Bigben's various companies and subsidiaries, which holds 76.7% of its shares. Last year, it published Hell is Us by Rogue Factory - which we reviewed - and just this week launched Styx: Blades of Greed. The bankruptcy announcement probably comes at the worst possible time, given that the company has scheduled the Nacon Connect 2026 event for next week, where it was hoped to also get news on the much-delayed Terminator: Survivors.
Obviously, the company's future is now more uncertain...
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