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Nexters has launched the full version of its new game, Chibi Island, on iOS and Google Platform. This includes a Match3 feature, daily quests, and themes like Wild West and ancient China. The game, a successor to Island Experiment, has been in live testing since December 2020 and achieved high retention rates. The launch coincides with Nexters' anticipated merger with Kismet Acquisition One Corp (KSMT, KSMTU), expected to close by Q3 2021.
Nexters, an international game developer, is working towards merging with Kismet Acquisition One Corp (KSMT, KSMTU) and reported strong Q2 2021 results. The company achieved $154 million in Bookings, marking a 40% year-over-year growth and increasing its monthly paying players by 43% to 400,000. The business combination is expected to close by Q3 2021, supported by $100 million in PIPE funding commitments from Mubadala and VPE Capital, securing essential cash conditions. Nexters is valued at $1.9 billion and will trade under the ticker symbol 'GDEV' post-merger.
