I had a quick look at Ubisoft's accounts, their net cash position for FY24 is worse than FY23 and they have quite a lot of debt.
It's not looking good but I doubt they will shut down, but never know what their loan covenants and other obiligations state.
If anyone wants to look:
https://staticctf.ubisoft.com/8aefmxkxpxwl/AwOkNohhzmR1qBmQ4Nj4h/096beaa470c05f39f77417742e4d25b8/Ubisoft_FY24_Earnings_PR_English_final.pdf