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Nexters Global went public via a merger with Kismet Acquisition in a $1.9bn deal.

Synopsis

Nexters, a Cyprus-based mobile & social game developer and publisher, Global went public via a merger with Kismet Acquisition, a SPAC, in a $1.9bn deal. The transaction included a $132m in cash to Nexters and its shareholders, comprising funds from the Kismet and PIPE investors Mubadala Investment Company and VPE Capital. “On 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’s most popular titles. We are excited to support Nexters’ continued growth and see Nexters established as a leader in the expanding gaming industry," Ivan Tavrin, Kismet Acquisition One Chairman and CEO.

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