Spiders, the studio responsible for GreedFall and Steelrising, has issued a stark confirmation: it no longer exists. In a Facebook post yesterday, the team stated, "After a long period without clear answers, we have received confirmation that Spiders is being liquidated. What does it mean? This means the company as a whole no longer exists. We'll cease our functions immediately." Players seeking support for their games are now redirected to parent company Nacon.

The closure stems from Nacon's insolvency filing in February 2026, triggered by a failed bond loan repayment. Under French insolvency law, the publisher sought buyers for subsidiaries including Spiders, Cyanide Studios, and Kylotonn, but none materialized. Spiders, home to over 90 employees and freelancers, joins the ranks of liquidated assets, with operations halting overnight.

This development lands just six weeks after GreedFall: The Dying World fully released following early access. The studio's planned DLC will proceed via Nacon, but the sequel's ongoing support—and that of prior titles—hangs in precarious limbo. As X reactions mount concerns for KT Racing's Test Drive Unlimited Solar Crown, Nacon presses on with its Connect showcase on May 7, underscoring the disconnect between corporate calendars and studio gravesides.

Nacon's financial memorandum might as well have been a liquidation notice for its own acquisitions. The receipts from this unraveling pile higher by the hour.