NACON has requested a temporary suspension of its stock trading on Euronext Paris, effective February 20, 2026, following a significant liquidity crisis triggered by its majority shareholder Bigben Interactive's inability to meet €43 million in bond repayment obligations. The trading halt marks a critical juncture for the gaming software publisher as it confronts substantial financial pressures stemming from its parent company's debt service challenges.
In response to the financial strain, NACON has initiated rapid restructuring procedures through the commercial court system to stabilize operations and preserve business continuity. The company is leveraging formal bankruptcy protection mechanisms available under French law to facilitate the reorganization process and address its liquidity constraints. This action underscores the interconnected financial vulnerabilities between NACON and its controlling shareholder, with the parent company's debt obligations directly impacting the subsidiary's market standing.
The temporary trading suspension provides NACON with a window to execute its restructuring plan while maintaining normal business operations. Shareholders and creditors will monitor the company's progress through the commercial court proceedings as it works to resolve the underlying financial challenges and determine the path forward for both the publisher and its parent company.