NACON Files for Insolvency Just Days Before Its NACON Connect Showcase

NACON Files for Insolvency Just Days Before Its NACON Connect Showcase

A collage promoting the 'Nacon Connect March 4th' event with gaming images, a white Xbox controller, and a logo.

This morning, French publisher NACON filed for insolvency, following a major issue with its majority shareholder, Bigben Interactive. On November 24, 2025, Bigben announced it had secured a refinancing agreement with a banking pool of leading French banks for €43 million, repayable over 6 years. This would have partially refinanced prior outstanding bonds, leaving a non-refinanced residual balance of approximately €16.1 million to be repaid separately on the maturity date. However, on February 13, 2026, just four business days before the maturity date, the banking pool informed Bigben that it was refusing to honor the drawdown notice sent in connection with the […]

Read full article at https://wccftech.com/nacon-files-insolvency-days-before-nacon-connect/

Comments

No comments yet. Why don’t you start the discussion?

Leave a Reply

Your email address will not be published. Required fields are marked *