A European Union trademark filing dated September 10, 2026 has given Lies of P fans their first concrete clue about the sequel’s name. Korean publisher Neowiz filed for “Wonders of O” with the European Union Intellectual Property Office, and the filing’s classification language covers downloadable video game software, mirroring the same categories used when the original Lies of P trademark went through the system. The filing itself is a matter of public record. What it means for the still-unannounced Lies of P sequel is, so far, a matter of educated guesswork.
Neowiz has never hidden that a sequel is coming. The publisher confirmed as much in its own earnings materials earlier this year. What it has not done is put a title on it, describe its setting, or say which platforms it will reach. That gap between “we’re making it” and “here’s what it’s called” is exactly the space this trademark filing has rushed to fill, and it is why gaming outlets across Europe, Asia, and North America picked the story up within hours of the filing surfacing.
What Actually Leaked: The EUIPO Trademark Filing
The document at the center of the story is an EU trademark application, filed on September 10, 2026, for the wording “Wonders of O” (some coverage renders it as “The Wonders of O”). The filer is tied to Neowiz, the Korean publisher and developer behind Lies of P. The trademark’s classification covers downloadable video game software, which is the same bucket Neowiz used when it originally registered the Lies of P name before that game’s 2023 launch.
That parallel is doing most of the heavy lifting in this story. A trademark filing by itself does not confirm a product. Companies file trademarks defensively, speculatively, or for projects that never ship. But the fact that Neowiz used the identical filing pattern it used for its last major release is the detail that turned a routine EUIPO entry into a trending gaming headline on September 14, 2026.
Multiple outlets picked up the filing independently, including Beebom and GamingBolt, both of which frame the story the same way the fact pattern demands: a real filing, tied to a real publisher, pointing at a game nobody has officially named yet.
Who’s Behind the Filing: Neowiz and Round8 Studio
Lies of P was developed by Round8 Studio and published by Neowiz, the same publisher-developer pairing responsible for the original game’s 2023 release and its 2025 expansion, Lies of P: Overture. Round8 Studio is the team actually building the sequel. Neowiz is the corporate entity that owns the studio and handles the legal and financial side of the business, including trademark filings like this one.
That structure matters for reading the leak correctly. A trademark filed by Neowiz is not the same as an announcement from Round8 Studio. It is a corporate filing that happens to line up with what Round8 is known to be working on. Readers looking for a formal reveal, a trailer, or a director’s statement confirming the title will not find one yet. What exists is the paperwork, and the paperwork is real.
Timeline: From a 2023 Launch to a 2026 Trademark
Lies of P launched in 2023 and built a loyal audience around its Pinocchio-inspired take on the Soulslike genre, developed with an Unreal Engine build tuned for tight, punishing combat. The game sold well enough that Neowiz greenlit a full expansion rather than moving straight to a sequel. That expansion, Lies of P: Overture, shipped in 2025 and served as the bridge project while Round8 Studio ramped up sequel development in parallel.
By early 2026, Neowiz’s own leadership was fielding sequel questions in interviews. By its Q1 2026 earnings report, the company had moved from vague acknowledgment to a specific development milestone. Now, in September 2026, the trademark filing gives outside observers their first material to work with beyond corporate statements. Below is a table laying out the public timeline as reported.
| Date | Milestone | Status |
|---|---|---|
| 2023 | Lies of P original release by Round8 Studio / Neowiz | Confirmed |
| 2025 | Lies of P: Overture expansion release | Confirmed |
| Early 2026 | Neowiz CEO fields sequel questions in Game Informer interview | Confirmed |
| Q1 2026 | Neowiz earnings report describes sequel as in “full-scale development,” at the “vertical slice” stage | Confirmed |
| September 10, 2026 | EUIPO trademark filing for “Wonders of O” by Neowiz | Confirmed (filing exists) |
| September 14, 2026 | Filing reported as likely tied to the Lies of P sequel | Unconfirmed link |
| TBD | Official title reveal, platforms, release window | Not yet announced |
What Neowiz Has Actually Confirmed
Strip away the speculation and the confirmed facts are narrower than the headlines suggest. Neowiz has confirmed, through its own earnings disclosures, that a Lies of P sequel is in development. The company’s Q1 2026 report placed the project in “full-scale development” and at the “vertical slice” stage, a term game studios use to describe a small, polished slice of the final product built to prove out mechanics, art direction, and pacing before full production scales up.
Beyond that, the confirmations get thin. Neowiz’s CEO, asked directly about the sequel in an interview with Game Informer, kept the answer close to the vest. Asked about the sequel’s status, the CEO said: “At this point, there is nothing specific we can share in detail.” The same conversation did offer a bit more warmth about the team’s mindset, with the CEO adding: “I can tell you that the team at Round8 Studio is excited about their work and fully focused on development.” (Game Informer)
No title, no setting, no platform list, and no release window have come from Neowiz directly. Everything specific in this week’s coverage, including the “Wonders of O” name, traces back to the trademark filing and outside reporting on it, not to an official studio statement.
Reading the Name: Why “Wonders of O” Suggests a Wizard of Oz Turn
Lies of P built its entire identity around reworking a public-domain fairy tale, in that case Carlo Collodi’s Pinocchio, into a grim, mechanically demanding action RPG. Fans and outlets connecting the dots on “Wonders of O” have landed on a similar theory: that the sequel draws from L. Frank Baum’s Wizard of Oz stories, with “O” standing in for Oz and “Wonders” echoing the fantastical, unsettling reinvention Round8 Studio applied to Pinocchio’s world the first time around.
That reading is plausible precisely because it matches the studio’s established playbook, not because Neowiz has confirmed a Wizard of Oz connection in any form. It is worth being blunt about the distinction: this is pattern-matching by outside observers based on one company’s prior creative choices, applied to a two-word trademark string. It is a reasonable guess. It is still a guess.
What Remains Unconfirmed
It is worth listing plainly what this leak does not tell readers, because the gap between filing and confirmation is where most of the internet’s speculation lives. Neowiz has not confirmed that “Wonders of O” is the sequel’s final title. Coverage varies between “Wonders of O” and “The Wonders of O,” and no official logo, subtitle, or branding has been shown publicly. No platforms have been announced, so any claim about console or PC exclusivity should be treated as unfounded until Neowiz says otherwise. There is also no release window; “vertical slice” stage development, as described in the Q1 2026 earnings report, typically sits years rather than months from a shippable product in the action RPG genre.
Story details are equally undisclosed. Round8 Studio’s director, Jiwon Choi, addressed the studio’s approach to expanding the Lies of P universe in a separate post-launch interview, saying: “I cannot stress enough how much we appreciate the love players give to the world and the story of Lies of P.” Pressed on concrete plans, Choi added: “It is too early to share any detailed plan for it now.” (Game Rant) Those comments predate this week’s trademark filing but underline the same pattern: warmth about the fanbase, silence on specifics.
Lies of P: Overture and the Bridge to a Full Sequel
Lies of P: Overture, the 2025 expansion, gave Round8 Studio a way to keep the franchise active and generating revenue while the sequel moved through early development. Expansions like this typically let a studio reuse engine work, art pipelines, and combat systems from the base game, freeing up a separate internal team to prototype the next full project without starting from zero.
That sequencing lines up with what Neowiz has said publicly: the expansion shipped in 2025, and by the Q1 2026 earnings report the sequel had already reached vertical slice, a stage that assumes months of prior groundwork. Choi’s own description of the studio’s creative philosophy, given in an interview about Lies of P‘s identity within the Soulslike genre, is telling here too: “I am really serious, I am not lying, I am very truthful, our focus is to create our own style of game.” (GamesRadar) That stance, distancing the studio from being a pure FromSoftware imitator, is a useful lens for guessing what a Wizard of Oz-flavored sequel might do differently from the Pinocchio original.
Market Impact: Why This Matters for Neowiz
Lies of P was a turning point for Neowiz. Before it, the publisher was best known in the West for licensed mobile and PC titles rather than a flagship premium action RPG. The game’s commercial success gave Neowiz a genre-defining property in a crowded Soulslike market that includes FromSoftware’s own catalog, Team Ninja’s Nioh and Wo Long series, and a growing wave of independent challengers.
A confirmed, well-received sequel would extend that position rather than starting a new franchise from scratch, which lowers marketing risk and gives Neowiz an existing, engaged fanbase to sell into from day one. That is precisely why the company flagged “full-scale development” in earnings materials aimed at investors rather than saving the news purely for a fan-facing showcase. Framing a sequel’s progress in an earnings report, rather than a trailer, signals that Neowiz treats the franchise as a financial asset worth quantifying for shareholders, not just a creative passion project.
For Round8 Studio specifically, a second hit would cement it as Neowiz’s flagship internal studio rather than one experiment among several. That status tends to translate into bigger budgets, longer development timelines, and more creative latitude on the next project after this one, which is part of why outlets are treating a two-word trademark filing as newsworthy in the first place.
Historical Context: Trademarks as Leak Vectors
Trademark filings have become one of the most reliable early-warning systems in game journalism, precisely because publishers cannot avoid using public registries to protect a name before launch. Filings get discovered by intellectual property watchers, cross-referenced against a studio’s known projects, and picked apart within hours, well before any studio is ready to talk. This is not a new phenomenon specific to Neowiz. It is a structural feature of how trademark law and game marketing timelines collide.
What makes this particular filing more credible than an average speculative trademark is the direct match to Neowiz’s own prior filing behavior for Lies of P itself. Companies that file trademarks purely to block competitors, or to protect an idea that never ships, tend not to use the same classification pattern as a confirmed, shipped product. The overlap here is circumstantial, but it is a stronger signal than most trademark leaks manage to produce.
Competitive Landscape: The Soulslike Sequel Race
Lies of P‘s sequel will not develop in a vacuum. The Soulslike genre has become one of the most competitive corners of premium action gaming, with established players and newcomers racing to fill release calendars through 2027 and beyond. Team Ninja continues to iterate on its own formula, FromSoftware remains the genre’s gravitational center, and a wave of smaller studios have used Soulslike mechanics as a way to break into the market with lower budgets than open-world alternatives require.
| Studio / Publisher | Flagship Soulslike Property | Public Sequel Status (as of Sept. 2026) |
|---|---|---|
| Round8 Studio / Neowiz | Lies of P | Confirmed in development; vertical slice stage; unconfirmed title leak (“Wonders of O”) |
| FromSoftware | Elden Ring, Dark Souls, Bloodborne | No new mainline sequel officially detailed at time of writing |
| Team Ninja | Nioh, Wo Long: Fallen Dynasty | Ongoing franchise support; no Lies of P-scale reveal this period |
| Independent Soulslike studios | Various (genre-wide) | Expanding release calendar; increased competition for player attention |
Against that backdrop, a second Lies of P title carries real stakes. The original game earned its audience partly by proving a mid-sized Korean publisher could execute a Soulslike at a quality level that stood next to genre leaders. A sequel that stumbles, either creatively or on a rushed timeline, risks undoing that credibility. A sequel that lands well cements Round8 Studio as a genre mainstay rather than a one-hit success story.
What Industry Voices Have Said So Far
Public comment on the sequel remains limited to a handful of interviews given before this week’s trademark filing surfaced, all of which stop short of confirming plot, title, or scope. Taken together, they paint a picture of a studio that is deliberately withholding specifics while confirming the broad strokes of active development.
- Neowiz’s CEO, on what can be shared about the sequel: “At this point, there is nothing specific we can share in detail.” (Game Informer)
- The same executive, on team morale: “I can tell you that the team at Round8 Studio is excited about their work and fully focused on development.” (Game Informer)
- Director Jiwon Choi, on future story plans: “It is too early to share any detailed plan for it now.” (Game Rant)
- Choi, on the studio’s broader creative identity: “I am really serious, I am not lying, I am very truthful, our focus is to create our own style of game.” (GamesRadar)
None of these statements confirm “Wonders of O” as a title. They do, however, establish that development was already well underway before the trademark surfaced, which is the main reason the filing is being taken seriously rather than dismissed as noise.
Predictions: Where This Story Goes Next
Based on the confirmed development timeline and how similar trademark leaks have played out for other publishers, here is how this is likely to unfold over the coming months.
- Neowiz stays quiet in the near term. With the project only at vertical slice stage per the Q1 2026 earnings report, a full reveal with trailer and title lockup is more likely tied to a future earnings cycle or a major showcase than to this trademark leak forcing an early announcement.
- Expect a non-denial rather than a confirmation. Publishers typically decline to confirm or deny trademark-based leaks rather than issuing a correction, since doing so avoids legal exposure while keeping fan interest alive.
- The Wizard of Oz theory will keep spreading whether or not it’s accurate. Fan communities tend to treat the most plausible theory as settled fact well before a studio weighs in, and “Wonders of O” is an easy hook for that kind of speculation to snowball.
- A formal reveal is more plausible in 2027 than in 2026. Vertical slice is an early production milestone in most AAA and premium-indie pipelines; studios rarely move from that stage to a full public reveal within the same calendar year.
- Platform scope will be a bigger story than the title once it’s confirmed. Given how competitive the Soulslike release calendar has become, whether the sequel launches day-one across PC and both major console families, or stays platform-limited at launch, will likely generate more coverage than the name itself.
Why Fans Should Treat This as a Lead, Not a Confirmation
The healthiest way to read this story is as a solid lead rather than settled fact. A real trademark filing, filed by a real publisher, using a filing pattern that matches its last major release, is meaningfully more credible than an anonymous rumor. But it is still one document, filed by a corporate entity, interpreted by outlets that have no official confirmation to point to.
Neowiz has earned some benefit of the doubt here. The company has been upfront, if vague, about sequel development every time it has been asked, rather than denying a project exists. That track record makes it more plausible that this week’s filing is exactly what it appears to be. It does not make it certain, and readers chasing a release date or platform list from this story specifically will come away disappointed, because that information simply is not public yet.
Frequently Asked Questions
Is “Wonders of O” officially confirmed as the Lies of P sequel’s title?
No. Neowiz filed an EU trademark for “Wonders of O” on September 10, 2026, and the classification matches how the original Lies of P trademark was filed, but the publisher has not officially stated that this is the sequel’s title.
Who is developing the Lies of P sequel?
Round8 Studio, the same team that built the original Lies of P and its 2025 expansion, Lies of P: Overture. Neowiz publishes the franchise and owns Round8 Studio.
What stage of development is the sequel in?
According to Neowiz’s Q1 2026 earnings report, the sequel is in “full-scale development” and at the “vertical slice” stage, meaning a limited, polished section of the game exists to validate direction before full production scales up.
Does “Wonders of O” mean the sequel is set in the world of Oz?
That is the leading fan theory, based on the pattern Round8 Studio set with Lies of P reworking Pinocchio. It has not been confirmed by Neowiz and should be treated as speculation, not an announced setting.
What platforms will the Lies of P sequel launch on?
Unknown. No platform list has been confirmed for the sequel under any title, including “Wonders of O.”
When will the Lies of P sequel release?
No release date or window has been announced. Given that the project was described as being at the vertical slice stage in the Q1 2026 earnings report, a launch is more plausible in 2027 or later than in the remainder of 2026.
Has Neowiz commented on the trademark leak directly?
Not as of this report. Neowiz’s most recent public sequel comments, from a January 2026 Game Informer interview, predate the September 10, 2026 trademark filing and did not address any specific title.
Is this the first time a Lies of P sequel has been mentioned?
No. Neowiz confirmed the sequel was in development earlier in 2026, both through executive interviews and its Q1 2026 earnings report. This trademark filing is the first specific naming detail to surface since that confirmation.
