Welcome to our dedicated page for Nexters news (Ticker: KSMTU), a resource for investors and traders seeking the latest updates and insights on Nexters stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Nexters's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Nexters's position in the market.
Kismet Acquisition One Corp (Nasdaq: KSMTU) announced that its shareholders voted overwhelmingly, with approximately 98% approval, for the business combination with Nexters Global Ltd. This significant event took place during a special meeting on August 18, 2021. The merger is expected to close around August 26, 2021, enabling Nexters to start trading on Nasdaq under the ticker symbols ‘GDEV’ and ‘GDEVW’ on August 27, 2021. Shareholders will receive detailed results noted in a forthcoming Form 8-K filing.
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.
Nexters, an international game development company, is preparing to go public on Nasdaq this year. The company reported strong financial metrics for Q1 2021, including $113 million in bookings, a 15% year-over-year increase, and a projected revenue growth of 48%. Monthly Average Bookings Per Paying User grew 7% to $115. Following robust player activity and marketing initiatives, Nexters revised its 2021 bookings forecast upwards to $610 million, reflecting a 38% year-over-year increase. The SPAC transaction with Kismet will establish Nexters as a publicly-listed entity at an enterprise value of $1.9 billion.
Kismet Acquisition One Corp announced on June 3, 2021, that it received a deficiency letter from Nasdaq due to the late filing of its Quarterly Report on Form 10-Q for Q1 2021. The delay stems from new SEC guidance issued on April 12, 2021, concerning the accounting treatment of SPAC warrants. The company has 60 days to submit a Compliance Plan to regain Nasdaq compliance but intends to file the 10-Q before this deadline. Kismet emphasizes that this situation does not impact its strategy or proposed business combination with Nexters Global Ltd.
Kismet Acquisition One Corp announced that starting September 28, 2020, holders of units from its initial public offering can separately trade the ordinary shares and warrants included in those units. Whole warrants only will be issued upon separation. Units will continue to trade under the ticker symbol KSMTU on Nasdaq, while separated ordinary shares and warrants will trade under KSMT and KSMTW, respectively. This announcement does not constitute a solicitation for securities sales.
Kismet Acquisition One Corp (Nasdaq: KSMTU) has successfully closed its IPO, raising $250 million by offering 25 million units at $10 each. Trading began on August 6, 2020, with each unit comprising one ordinary share and a half warrant, exercisable at $11.50. The company aims to focus on mergers and acquisitions in telecommunications, internet, and consumer sectors in Russia. Credit Suisse and BofA Securities served as joint book-running managers, with an option for underwriters to purchase an additional 3.75 million units within 45 days.
Kismet Acquisition One Corp announced the pricing of its initial public offering (IPO) on August 5, 2020, offering 25,000,000 units at $10.00 each. The units will be listed on the Nasdaq Capital Market under the ticker symbol KSMTU starting August 6, 2020. Each unit includes one ordinary share and one-half of a redeemable warrant, with whole warrants priced at $11.50 per share. The offering is managed by Credit Suisse and BofA Securities, with a closing date expected on August 10, 2020.
