Nacon reportedly files for insolvency ahead of upcoming showcase

Earlier this week, Nacon announced plans for its next games showcase. Now just days later, it appears that the publisher and accessories maker is filing for insolvency. 

As spotted by VGC, Nacon has filed for insolvency due to a failed payment on a bond loan. The situation will allow Nacon to remain in business while renegotiating its debt repayments.

Nacon has had a pretty good couple of years for game releases thanks to the likes of RoboCop: Rogue City, Styx: Blades of Greed and Test Drive Unlimited. At an upcoming showcase, Nacon will also be spotlighting upcoming games like Edge of Memories, The Mound and Cthulu: The Cosmic Abyss.

Nacon is also publishing an upcoming Terminator game, although that game recently underwent a major pivot, turning from a co-op multiplayer game to a single-player adventure.

KitGuru Says: Nacon has a pretty impressive slate of titles coming up, so hopefully they are able to turn things around here. 

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