# Court orders Midgar Studio to liquidate after failing to secure a buyer

> **Newsylist Open Intelligence Dossier** · First detected: 2026-07-21 03:29 UTC · Category: Technology · Sources: 5 · Current Velocity: 2.8

## Executive Summary
Midgar Studio, the developer behind Edge of Eternity, is shutting down following a court order for liquidation.

## Intelligence Brief
Midgar Studio is closing down after a court ordered the company to liquidate. This decision follows the failure of Nacon to secure a buyer for the studio.


Coverage from GamesIndustry.biz, TechPowerUp, and Insider Gaming emphasizes that the closure comes ahead of a sequel launch. Other outlets, including ixbt.games and Instant Gaming News, link the move to Nacon's inability to find a purchaser.


Future developments center on the status of the upcoming sequel mentioned in TechPowerUp's coverage.

## Verified Facts & Key Claims
### Why is Midgar Studio closing?
The studio is liquidating after Nacon failed to find a buyer for it, leading to a court order.

### Which games is Midgar Studio known for?
The studio is responsible for Edge of Eternity and Edge of Memories.

### When did this news break?
Reports began appearing on July 20, 2026.

## Key People, Organizations & Locations
Court, Midgar Studio, Edge of Memories, Nacon, UPD After Spiders Nacon, Midgar Studio Edge of Memories, Edge of Eternity Developer Midgar Has Shut Down, Edge of Eternity Studio Shut Down Ahead of Sequel Launch

## Multi-Source Evidence Table
| Source Outlet | Headline | Published (UTC) | Verification URL |
|---|---|---|---|
| ixbt.games | Midgar Studio, responsible for Edge of Memories, is closing down. Nacon failed to find a buyer for it | 2026-07-20 18:00 | [Source Link](https://news.google.com/rss/articles/CBMi7wFBVV95cUxObG51TXJfMTgyVzdNRzkxaXlnZnNZNzFGbUI0NzV1MDRLRFZRelVQMm1EWjRLQlNsVDVsSGRxb1N1QVd0dXFxcXJWY2NxVm45ZEhld3Zybk9UY19DMXI5MWlza3hCOTFnSDJXcjhHUU52ZU1kdlI0T1lteHZLNmU1MGYwVEpHYlJpcktFbk5hM1B0RmR5VlBfSDBmbzJxamdMLTBkTHBiVnBPY2xjNVBDald3UnM1N0otYUxlTUxJcmYtUnY5TWxSdFhfTUt4SmNTalM2REUxMnhHXzVXeGUyR0RFamlGLUc3eWpWcVVqNNIB9AFBVV95cUxPQVdpT0E3eWs5bUtnTTlRVlNGbEtvZDJ4eURnblVHR1Z1TV9tNnh6bWE1RFFCS1VGck5zN3BkVXU5RmIzQ25HRlpiUDNodHpaUVNWNXozUUFqX1VMd3B4cERwbk9) |
| Instant Gaming News | (UPD) After Spiders, Nacon is set to close Midgar Studio (Edge of Memories) | 2026-07-20 18:00 | [Source Link](https://news.google.com/rss/articles/CBMivAFBVV95cUxQLW5BZjVFSzZSWkI5YzZKM29reWJZNFBObjc3dnByZV9SNzRDaXJKQnV4alhwZzRENzMzOEJ6ZDhPVnUxLV9sQ0NXcnlZQVA3eTZBekIwVUpiOFJlNFRyQTlFNXNJZ3o5akxhdTdLcmVRZ3dYdWszNnRiSlU4eUZuTXlEOEtkWHpZNmlkZWhoREhkdnRtU0hLRllKTHNucHhxUEZTbHJ1M0R1SDZESXJTSDA1X2x5R3VVRm9pZA?oc=5) |
| Insider Gaming | Edge of Eternity Developer Midgar Has Shut Down | 2026-07-20 18:00 | [Source Link](https://news.google.com/rss/articles/CBMie0FVX3lxTE1mOXZiMFMwUGgtN2Z4QlUzWDdrcnlETWE0N0pickwtc2dZdHk5YlFyQ2MxRkJPcDQ3NDlhX2tkNl9Fa01TUjN5YzFNTENuWTl6ZUZrZ3huWW80Ynp4MXFJbHlVdDh5eXVZYkhNY0FCMGlOaTY3MnBmdkotWQ?oc=5) |
| TechPowerUp | Edge of Eternity Studio Shut Down Ahead of Sequel Launch | 2026-07-20 18:00 | [Source Link](https://news.google.com/rss/articles/CBMilgFBVV95cUxNQ1M5Z3pZbW44eHpDaS1CSzN1VkhYRVMzWGRMYTBDX1RTOVlVRjBxTkQ2cEd0M2hpSFZaM2FJTmhYYk1LQTMtSWhLWmRuMFJocWpFRmxEQUFrT1piX05ER3owUHlHT2Ftd3FMQ09zMEpueUVsLUpOeGFWcExMS0JndGozT2NjTmlGSXdheFY3bzc3TW9fZXfSAZsBQVVfeXFMTzcwM2FYc3RGb0RlcF9VU3NyaDh4Ri1udWR5QlpxT0JPMG1UeWM1d2tBZy1WamY0akt2M183RER0VmtBaHFqTjNyLWZZTXNEaV9YM1hld1ZIajQ3dGoxMjFodDVQaGZsZ2pFWHBIaUk2RGRFNklhMEpZYU1rV05LNndTRnlwNDNxbHFuNFN2LUZLVldURldHdEs0dW8?oc=5) |
| GamesIndustry.biz | Court orders Midgar Studio to liquidate after failing to secure a buyer | 2026-07-20 18:00 | [Source Link](https://news.google.com/rss/articles/CBMiowFBVV95cUxOSldsbkVNLWhBTmNRUUx1NF95MndVZWI5ZGpnTWdwVWhJQk05a0VBbTVYd0pDZF93VTM0U2RYUnFwamhXakRwRzV4X2xtLVRfdXlYcXBULXNyVmpwMXU0WUJLN3M1cVJLS3BzSWVmTUV5ZWQtaVZKdmJOMVAzOEpEOFQyRVM1ZGx4NTZvYm0zaEFhX2RkS21RUzNTcjlpMjhfTTRz?oc=5) |

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*Canonical Source: https://www.newsylist.com/trend/2026-07-21/court-orders-midgar-studio-to-liquidate-after-failing-to-secure-a-buyer*
*Synthesized by Newsylist Open Intelligence Engine under E-E-A-T journalistic standards.*