Companies closing their doors doesn't necessarily mean ceasing to exist. Sometimes it ends up in a holding company with one person (a lawyer) to close up any lo

Companies closing their doors doesn't necessarily mean ceasing to exist. Sometimes it ends up in a holding company with one person (a lawyer) to close up any loose ends and liquidate assets. Although in Star Theory's case, their development contract was coming to an end, so it's possible it had already expired at that point. And the contract may have also had certain required metrics like development progress and financial health that would lead to it being terminated in cases where the company was effectively defunct.