Dont Nod could face a cash crunch by November without new financing

Dont Nod warns it could run out of cash by November unless it secures new financing; as of April 13, 2026 it had about €8.8 million in cash and has asked Tencent for a short-term capital increase, but Tencent—the largest shareholder—appears not to be interested, while talks with other major players have not yielded a deal. The company restructured around RPG, narrative/adventure and action/adventure and cut staff in 2025, highlighting broader Chinese disinvestment from external studios.