2024 was a tough year for Don't Nod:

First, Banishers: Ghosts of New Eden and Jusant sold poorly despite fairly good critics and players reception. And then Don't Nod delayed Lost Records: Bloom and Rage and tried to focus more on Life is Strange: Double Exposure.

Because of that their market cap fallen drastically (losing 70% of the value over the year). Now they requested Euronext to suspend shares trading fully until further notice. What is going to be in the upcoming press release is unclear, but it sounds off.

Their current market capitalization is at 19.55M Eur., which is lower than the budget of their typical game. Since 2018 they lost 93% of value, falling from 32 Eur. per share to just 1.5 and now fully suspended.

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The flagship Paris office of Don't Nod (Remember Me, Life is Strange, Vampyr, Banishers) is running out of funds. They will not have any money by November of 2026 and desperately looking for a publishing deal. Their biggest shareholder Tencent refused to cooperate further.

Semi-independent office in Montreal is a different entity sponsored by Netflix. Their partnership continues regardless.

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