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Nasdaq Resumes Trading in Nexters Inc.

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Rhea-AI Summary

The Nasdaq Stock Market has announced that trading in Nexters Inc. (GDEV and GDEVW) will resume on March 16, 2023, at 09:00 a.m. Eastern Time. This follows a halt initiated on February 28, 2022, at 6:38 a.m. ET for GDEV and at 6:41 a.m. ET for GDEVW. The resumption of trading marks significant progress for Nexters, which had been paused for over a year. Investors are encouraged to check Nasdaq’s website or contact the company directly for further information.

Positive
  • Resumption of trading indicates potential recovery or renewed interest in Nexters Inc.
  • Trading will begin after a prolonged suspension, likely providing liquidity for investors.
Negative
  • The trading halt lasted over a year, which may reflect underlying concerns regarding the company's financial health or compliance issues.

NEW YORK, March 15, 2023 (GLOBE NEWSWIRE) -- The Nasdaq Stock Market® (Nasdaq: NDAQ) announced that trading will resume tomorrow in Nexters Inc. (Nasdaq: GDEV and GDEVW) at 09:00 a.m. Eastern Time on March 16, 2023. Trading in the company’s stock was halted on February 28, 2022 at 6:38:00 a.m. (GDEV) Eastern Time and 6:41:09 a.m. (GDEVW) Eastern Time.

For news and additional information about the company, please contact the company directly or check under the company’s symbol using InfoQuotesSM on the Nasdaq® Web site.

For more information about The Nasdaq Stock Market, visit the Nasdaq Web site at http://www.nasdaq.com.

Nasdaq Media Contact:
Sophia Weiss
Sophia.Weiss@nasdaq.com

NDAQO


FAQ

When does trading in Nexters Inc. (GDEV) resume?

Trading in Nexters Inc. (GDEV) will resume on March 16, 2023, at 09:00 a.m. Eastern Time.

Why was trading in Nexters Inc. (GDEV) halted?

Trading was halted on February 28, 2022, due to unspecified reasons that may involve regulatory concerns.

What is the significance of the trading resumption for NDAQ investors?

The resumption of trading may signal renewed investor confidence and the potential for increased liquidity in Nexters Inc. shares.

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