Kismet and Nexters Close Their Merger

Kismet Acquisition One

Game developer Nexters and Kismet Acquisition One today announced the completion of their business combination. The SPAC’s shareholders approved the deal last week.

Nexters shares and warrants begin trading on the Nasdaq today under new ticker symbols GDEV and GDEVW.

The 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. Read more.

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