Nexters begins trading on Nasdaq today, as the SPAC deal is finally closed

August 27, 2021

Our SPAC deal with Nexters was officially closed yesterday, and today we will see the culmination of months of work — Nexters stock will begin trading on Nasdaq under the ticker symbol „GDEV“ when the exchange opens for the day. To celebrate this milestone, Kismet and Nexters will hold a closing bell ceremony at Nasdaq headquarters in New-York, today at 3:50 PM EDT.

As a result of the deal, Nexters and its shareholders will receive approximately $132 million. Nexters will use the money to fund new projects, expand into more casual genres, launch games in new regional markets and sign new deals with other gaming companies. We also expect that being a publicly traded company will help Nexters in its other endeavor — becoming the leading consolidator in the gaming industry of Russian-speaking countries, Eastern Europe and other markets.

„On behalf of the Kismet team, I am thrilled to bring Nexters and its innovative products to the public markets. Andrey Fadeev and his team have built a mobile, web and social gaming powerhouse that can boast some of the world’s most popular titles. We are excited to support Nexters’ continued growth and see Nexters established as a leader in the expanding gaming industry.“- Ivan Tavrin said.

To learn more, please refer to the official press release: https://kismetcg.com/Kismet-acquisition-one-complete-business-сombination.html