{"id":531905,"date":"2021-08-27T06:37:10","date_gmt":"2021-08-27T10:37:10","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/nexters-and-kismet-acquisition-one-corp-complete-business-combination-shares-will-begin-trading-as-gdev-on-nasdaq\/"},"modified":"2021-08-27T06:37:10","modified_gmt":"2021-08-27T10:37:10","slug":"nexters-and-kismet-acquisition-one-corp-complete-business-combination-shares-will-begin-trading-as-gdev-on-nasdaq","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/nexters-and-kismet-acquisition-one-corp-complete-business-combination-shares-will-begin-trading-as-gdev-on-nasdaq\/","title":{"rendered":"Nexters and Kismet Acquisition One Corp Complete Business Combination; Shares Will Begin Trading as \u201cGDEV\u201d on Nasdaq"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Nexters and Kismet Acquisition One Corp Complete Business Combination; Shares Will Begin Trading as \u201cGDEV\u201d on Nasdaq<\/b><\/p>\n<p>LIMASSOL, Cyprus&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nNexters Inc. (\u201cNexters\u201d or the \u201cCompany\u201d), an international game development company which strives to introduce the joy of core gaming experiences to casual players, and Kismet Acquisition One Corp (Nasdaq: KSMT, KSMTU, KSMTW) (\u201cKismet\u201d), a publicly traded special purpose acquisition company, today announced the completion of their previously announced business combination (the \u201cBusiness Combination\u201d).\n<\/p>\n<p>\nThe combined company will operate as Nexters Inc. and today on August 27, 2021 its ordinary shares and warrants will begin trading on the Nasdaq Global Market under the new ticker symbols \u201cGDEV\u201d and \u201cGDEVW,\u201d respectively. The Business Combination was approved during a special meeting of Kismet\u2019s shareholders on August 18, 2021.\n<\/p>\n<p>\nThe transaction will deliver approximately $132 million in cash to Nexters and its shareholders, comprising funds from the Kismet trust account, Kismet Sponsor Limited, and PIPE investors Mubadala Investment Company and VPE Capital. These proceeds are expected to accelerate both organic and inorganic growth initiatives at the Company, and will be deployed, among other things, to fund the development of new products with a focus on further expansion into more casual genres, the launch of games across additional geographies, and deals with premier gaming companies through Nexters\u2019 well-established connections in the gaming industry. Nexters\u2019 public listing is also expected to support its aim to become the leading consolidator in the gaming space in Russian speaking countries, Eastern Europe and beyond, capitalizing on the significant opportunity in the market while deploying its proven value creation playbook to support other companies and driving meaningful synergies over time.\n<\/p>\n<p>\n\u201cThis amazing moment wouldn\u2019t be possible without the passion and dedication of our awesome team, business partners, partner platforms, and many others,\u201d said Andrey Fadeev, Nexters Co-founder &amp; CEO. \u201cWe\u2019ve managed to build Nexters with such wonderful people around us by delivering great games for our millions of players \u2013 as a public company, we will continue our goal to transform the user experience and deliver blockbuster titles for gamers around the globe.\u201d\n<\/p>\n<p>\nIvan Tavrin, Chairman and CEO of Kismet Acquisition One Corp, said, \u201cOn behalf of the Kismet team, I am thrilled to bring Nexters and its innovative products to the public markets. Andrey and his team have built a mobile, web and social gaming powerhouse that can boast some of the world\u2019s most popular titles. We are excited to support Nexters\u2019 continued growth and see Nexters established as a leader in the expanding gaming industry.\u201d\n<\/p>\n<p>\nNexters\u2019 Co-Founder and CEO Andrey Fadeev and Co-Founder and Head of R&amp;D Boris Gertsovskiy will continue to lead the Company, supported by a seasoned management team. The Board of Directors will initially consist of seven members, consisting of Andrey Fadeev, Boris Gertsovskiy, Igor Bukhman, Dmitrii Bukhman, Andrew Sheppard, Natasha Braginsky Mounier, and Ivan Tavrin.\n<\/p>\n<p>\nThe Company will hold a closing bell ceremony on August 27<sup \/>at Nasdaq headquarters in New York to celebrate this important milestone.\n<\/p>\n<p>\nCredit Suisse, BofA Securities and LionTree Advisors served as capital markets advisors to Kismet Acquisition One Corp.\n<\/p>\n<p><b><span class=\"bwuline\">About Nexters<\/span><\/b><\/p>\n<p>\nNexters is an international game development company which strives to introduce the joy of core gaming experiences to casual players. Thanks to such hit games like Hero Wars, Throne Rush, and others the company reached over 200 million installs worldwide and became one of the top five independent mobile game companies in Europe. Headquartered in Cyprus, Nexters is built upon a team of 600+ inspired game creators. Please find more information about Nexters at: <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fnexters.com%2Finvestors_content&amp;esheet=52482716&amp;newsitemid=20210827005032&amp;lan=en-US&amp;anchor=https%3A%2F%2Fnexters.com&amp;index=1&amp;md5=0c80784cc76f5d39d71e375b240537eb\">https:\/\/nexters.com<\/a> and follow Nexters on <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fnexters%2F&amp;esheet=52482716&amp;newsitemid=20210827005032&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=2&amp;md5=da2fe89ea7fcd159aff2ef70cf62bc3a\">LinkedIn<\/a> and <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ftwitter.com%2Fnexters&amp;esheet=52482716&amp;newsitemid=20210827005032&amp;lan=en-US&amp;anchor=Twitter&amp;index=3&amp;md5=48a92267f125e836da48367ac745a08e\">Twitter<\/a>.\n<\/p>\n<p><b><span class=\"bwuline\">About Kismet Acquisition One Corp<\/span><\/b><\/p>\n<p>\nKismet Acquisition One Corp. is a special purpose acquisition company led by Chairman and Chief Executive Officer Ivan Tavrin, formed for the purpose of acquiring, engaging in a share exchange, share reconstruction and amalgamation, contractual control arrangement with, purchasing all or substantially all of the assets of, or engaging in any other similar initial business combination with one or more businesses or entities. Please find more information about Kismet at: <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.kismetcg.com&amp;esheet=52482716&amp;newsitemid=20210827005032&amp;lan=en-US&amp;anchor=www.kismetcg.com&amp;index=4&amp;md5=69e6516d140a3bc44574b166e1a212ab\">www.kismetcg.com<\/a><\/p>\n<p><b><span class=\"bwuline\">Forward Looking Statements<\/span><\/b><\/p>\n<p>\nCertain statements in this press release may constitute \u201cforward-looking statements\u201d for purposes of the federal securities laws. Such statements are based on current expectations that are subject to risks and uncertainties. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements.\n<\/p>\n<p>\nThe forward-looking statements contained in this press release are based on Kismet\u2019s and Nexters\u2019 current expectations and beliefs concerning future developments and their potential effects on Kismet and Nexters. There can be no assurance that future developments affecting Kismet and Nexters will be those that Kismet and Nexters have anticipated. Forward-looking statements involve a number of risks, uncertainties (some of which are beyond Kismet\u2019s and Nexters\u2019 control) or other assumptions. You should carefully consider the risks and uncertainties described in the \u201cRisk Factors\u201d section of the registration statement on Form F-4 relating to the business combination, filed by Nexters and other documents filed by Nexters and Kismet from time to time with the SEC. Should one or more of these risks or uncertainties materialize, or should any of Kismet\u2019s or Nexters\u2019 assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Kismet and Nexters undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.\n<\/p>\n<p><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210827005032\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210827005032\/en\/<\/a><\/span><\/p>\n<p><i>Nexters<\/p>\n<p><\/i>Media<br \/>\n<br \/>Andrey Akimov | Chief Communications Officer<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:aa@nexters.com\">aa@nexters.com<br \/>\n<\/a><\/p>\n<p>Investor Relations<br \/>\n<br \/>Roman Safiyulin | Investor Relations Officer<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:r.safiyulin@nexters.com\">r.safiyulin@nexters.com<br \/>\n<\/a><\/p>\n<p><i>Kismet<br \/>\n<br \/><\/i><br \/>Media (English)<br \/>\n<br \/>Sara Evans \/ Kerry Golds<br \/>\n<br \/>Finsbury Glover Hering<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Kismet-US@finsbury.com\">Kismet-US@finsbury.com<br \/>\n<\/a><\/p>\n<p>Media (Russian)<br \/>\n<br \/>Tom Blackwell<br \/>\n<br \/>EM Comms<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:blackwell@em-comms.com\">blackwell@em-comms.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States Cyprus North America Middle East New York<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Electronic Games General Entertainment Entertainment Mobile Entertainment<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210827005032\/en\/1188480\/3\/Nexters_Logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Nexters and Kismet Acquisition One Corp Complete Business Combination; Shares Will Begin Trading as \u201cGDEV\u201d on Nasdaq LIMASSOL, Cyprus&#8211;(BUSINESS WIRE)&#8211; Nexters Inc. (\u201cNexters\u201d or the \u201cCompany\u201d), an international game development company which strives to introduce the joy of core gaming experiences to casual players, and Kismet Acquisition One Corp (Nasdaq: KSMT, KSMTU, KSMTW) (\u201cKismet\u201d), a publicly traded special purpose acquisition company, today announced the completion of their previously announced business combination (the \u201cBusiness Combination\u201d). The combined company will operate as Nexters Inc. and today on August 27, 2021 its ordinary shares and warrants will begin trading on the Nasdaq Global Market under the new ticker symbols \u201cGDEV\u201d and \u201cGDEVW,\u201d respectively. The Business Combination was approved during a special meeting of &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/nexters-and-kismet-acquisition-one-corp-complete-business-combination-shares-will-begin-trading-as-gdev-on-nasdaq\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Nexters and Kismet Acquisition One Corp Complete Business Combination; Shares Will Begin Trading as \u201cGDEV\u201d on Nasdaq&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-531905","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Nexters and Kismet Acquisition One Corp Complete Business Combination; Shares Will Begin Trading as \u201cGDEV\u201d on Nasdaq - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/nexters-and-kismet-acquisition-one-corp-complete-business-combination-shares-will-begin-trading-as-gdev-on-nasdaq\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nexters and Kismet Acquisition One Corp Complete Business Combination; Shares Will Begin Trading as \u201cGDEV\u201d on Nasdaq - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Nexters and Kismet Acquisition One Corp Complete Business Combination; Shares Will Begin Trading as \u201cGDEV\u201d on Nasdaq LIMASSOL, Cyprus&#8211;(BUSINESS WIRE)&#8211; Nexters Inc. (\u201cNexters\u201d or the \u201cCompany\u201d), an international game development company which strives to introduce the joy of core gaming experiences to casual players, and Kismet Acquisition One Corp (Nasdaq: KSMT, KSMTU, KSMTW) (\u201cKismet\u201d), a publicly traded special purpose acquisition company, today announced the completion of their previously announced business combination (the \u201cBusiness Combination\u201d). The combined company will operate as Nexters Inc. and today on August 27, 2021 its ordinary shares and warrants will begin trading on the Nasdaq Global Market under the new ticker symbols \u201cGDEV\u201d and \u201cGDEVW,\u201d respectively. The Business Combination was approved during a special meeting of &hellip; Continue reading &quot;Nexters and Kismet Acquisition One Corp Complete Business Combination; Shares Will Begin Trading as \u201cGDEV\u201d on Nasdaq&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/nexters-and-kismet-acquisition-one-corp-complete-business-combination-shares-will-begin-trading-as-gdev-on-nasdaq\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-08-27T10:37:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mms.businesswire.com\/media\/20210827005032\/en\/1188480\/3\/Nexters_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nexters-and-kismet-acquisition-one-corp-complete-business-combination-shares-will-begin-trading-as-gdev-on-nasdaq\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nexters-and-kismet-acquisition-one-corp-complete-business-combination-shares-will-begin-trading-as-gdev-on-nasdaq\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Nexters and Kismet Acquisition One Corp Complete Business Combination; 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(\u201cNexters\u201d or the \u201cCompany\u201d), an international game development company which strives to introduce the joy of core gaming experiences to casual players, and Kismet Acquisition One Corp (Nasdaq: KSMT, KSMTU, KSMTW) (\u201cKismet\u201d), a publicly traded special purpose acquisition company, today announced the completion of their previously announced business combination (the \u201cBusiness Combination\u201d). The combined company will operate as Nexters Inc. and today on August 27, 2021 its ordinary shares and warrants will begin trading on the Nasdaq Global Market under the new ticker symbols \u201cGDEV\u201d and \u201cGDEVW,\u201d respectively. The Business Combination was approved during a special meeting of &hellip; Continue reading \"Nexters and Kismet Acquisition One Corp Complete Business Combination; Shares Will Begin Trading as \u201cGDEV\u201d on Nasdaq\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/nexters-and-kismet-acquisition-one-corp-complete-business-combination-shares-will-begin-trading-as-gdev-on-nasdaq\/","og_site_name":"Market Newsdesk","article_published_time":"2021-08-27T10:37:10+00:00","og_image":[{"url":"https:\/\/mms.businesswire.com\/media\/20210827005032\/en\/1188480\/3\/Nexters_Logo.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/nexters-and-kismet-acquisition-one-corp-complete-business-combination-shares-will-begin-trading-as-gdev-on-nasdaq\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/nexters-and-kismet-acquisition-one-corp-complete-business-combination-shares-will-begin-trading-as-gdev-on-nasdaq\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Nexters and Kismet Acquisition One Corp Complete Business Combination; 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