French game publisher and accessory maker Nacon has today announced that at the tail end of last week, the company filed for insolvency after hitting serious financial trouble.
Looking at the team’s press release on matters, it’s been revealed that majority shareholder Bigben Interactive has effectively failed to make a loan repayment, which now means that Nacon doesn’t have the funding it needs to operate properly.
Here’s how Nacon lays it all out, featuring plenty of business speak:
“On 20 February 2026, Nacon announced that the situation of its majority shareholder, Bigben Interactive, which, following an unexpected and late refusal by its banking pool, was unable to make the partial repayment of its bond loan to its bondholders,…