Nacon postpones its Nacon Connect showcase so it can concentrate on going insolvent

Nacon postpones its Nacon Connect showcase so it can concentrate on going insolvent | PC Gamer Skip to main content Open menu Close main menu PC Gamer THE GLOBAL AUTHORITY ON PC GAMES US Edition UK US Canada Australia Subscribe Sign in View Profile Sign out Search Search PC Gamer Games Hardware News Reviews Guides Video Forum More PC Gaming Show PC Gamer Clips Software Codes Coupons Movies & TV Magazine Newsletter Affiliate links Meet the team Community guidelines About PC Gamer PC Gamer Magazine SubscriptionWhy subscribe?Subscribe to the world’s #1 PC gaming magTry a single issue or save on a subscriptionIssues delivered straight to your door or device From$1Subscribe now Don’t miss these Puzzle Devs behind GoldenEye, Perfect Dark and TimeSplitters are done with big shooters after getting burned by Embracer, so their next game is a Balatro-like twist on Scrabble—and you can try the demo now Assassin’s Creed Former Assassin’s Creed and Far Cry director says Ubisoft ‘became very allergic’ to new games, which contributed to a ‘talent drain’ Gaming Industry 3 months after laying off a bunch of people, Splash Damage has become ‘Splash Damage Group’ and acquired another studio FPS Highguard developers were surprised by layoff notices, new report says: They thought they’d have at least a few months to work on it but when Tencent ended funding, there was nothing left Gaming Industry Styx publisher Nacon files for insolvency just a week after we gave its latest game 82%, asks white-knuckling creditors to figure out what’s next in ‘a calm and constructive framework’ Hardware Drop, seller of Lord of the Rings-themed keyboards and more, will be shutting down in March MOBA After deciding to make a MOBA, Quantic Dream also decides to release it at the same time as the Marathon server slam, the first Horizon Hunters Gathering playtest, and the Steam Next Fest Game Development Sony killed a fan-made Bloodborne tribute last year, as the game continues to languish on PS4: ‘Why are you making such absurd decisions, Sony?’ Hardware UK games collector raided by police after purchasing £10,000 worth of hardware, including old dev kits, disposed of by Sega Gaming Industry Amazon’s gaming walkback continues as it ends publishing deal for a new racing game being headed up by former Forza Horizon creative director Roguelike The devs of a promising Slay the Spire-alike are delaying their game to Dodge and Roll away from Slay the Spire 2’s launch: ‘You’ll be playing it, we’ll be playing it, everyone will be playing it’ Hardware The future of Nacon gaming accessories looks uncertain as the company files for insolvency Third Person Shooter Remember Postal? 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Subscribe to our newsletter Just five days after filing for insolvency, publisher and peripheral maker Nacon has postponed its Nacon Connect showcase, which had been set to take place on March 4, because, well, it just filed for insolvency.”Faced with a difficult economic environment for the company, we are choosing to focus our resources on upcoming releases and the development of our current games,” the company said. “This period will allow us to polish our projects and prepare for a new Nacon Connect to be held in May, which will showcase the work of our studios in the best possible way.”It’s darkly amusing that Nacon would file for insolvency so close to its annual showcase (or maybe it just seems that way because I’ve grown numb to the horrors), but much of this mess is beyond its control: Nacon ran into trouble after Bigben Interactive, its majority owner, ran into its own financial headaches that, long story short—here’s the long story, if you enjoy reading corpo financial stuff like “due to the unexpected and late refusal by its banking pool to respond to the drawdown notice sent to it in connection with the partial refinancing of its existing exchangeable bonds into ordinary shares of Nacon (the ‘Bonds’), the Company was unable to proceed with the partial repaymen