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Nexters Global, the Owner of Blockbuster Mobile Game Hero Wars, to Go Public Via Merger With Kismet Acquisition One SPAC



Nexters is a top-5 independent game developer in Europe
1 that builds mobile, web and social games loved by millions of players globally. Its flagship product, Hero Wars RPG, was downloaded 36 million times in 2020 on iOS and Android alone, scoring a 4.5/5 average rating among users.

Nexters generated $318 million in Net Bookings and $120 million in Free Cash Flow to Equity in 2020; the expected continued growth of Hero Wars and new mobile game titles launching in 2021 are projected to drive Net Bookings to $562 million in 2023, after platform fees.

The Transaction values Nexters at an enterprise value of $1.9 billion, and is expected to deliver up to $150 million in additional cash to the Company to support its transformation into a leading consolidation platform in the European mobile gaming space. ....

United States , Dmitrii Bukhman , Igor Bukhman , Boris Gertsovsky , Sara Evans Kerry , Andrey Fadeev , Rd Boris Gertsovsky , Finsbury Glover Hering , Ivan Tavrin , Daria Khilenkova , International Financial Reporting Standards , Nexters Global Limited , Credit Suisse , Exchange Commission , Kismet Acquisition One Corp , Nexter Co , Nexters Or Kismet Acquisition One Corp , International Standards Accounting Board , Public Company Accounting Oversight Board , Kismet Capital Group , Hero Wars , Net Bookings , Free Cash Flow , Founders Andrey Fadeev , Kismet Acquisition One , Chief Executive Officer Ivan Tavrin ,

Nexters Global, the Owner of Blockbuster Mobile Game Hero Wars, to Go Public Via Merger With Kismet Acquisition One SPAC – Consumer Electronics Net


2 months ago
Nexters is a top-5 independent game developer in Europe
1 that builds mobile, web and social games loved by millions of players globally. Its flagship product, Hero Wars RPG, was downloaded 36 million times in 2020 on iOS and Android alone, scoring a 4.5/5 average rating among users.

Nexters generated $318 million in Net Bookings and $120 million in Free Cash Flow to Equity in 2020; the expected continued growth of Hero Wars and new mobile game titles launching in 2021 are projected to drive Net Bookings to $562 million in 2023, after platform fees.

The Transaction values Nexters at an enterprise value of $1.9 billion, and is expected to deliver up to $150 million in additional cash to the Company to support its transformation into a leading consolidation platform in the European mobile gaming space. ....

United States , Dmitrii Bukhman , Igor Bukhman , Boris Gertsovsky , Sara Evans Kerry , Andrey Fadeev , Rd Boris Gertsovsky , Finsbury Glover Hering , Ivan Tavrin , Daria Khilenkova , International Financial Reporting Standards , Nexters Global Limited , Credit Suisse , Exchange Commission , Kismet Acquisition One Corp , Nexter Co , Nexters Or Kismet Acquisition One Corp , International Standards Accounting Board , Public Company Accounting Oversight Board , Kismet Capital Group , Hero Wars , Net Bookings , Free Cash Flow , Founders Andrey Fadeev , Kismet Acquisition One , Chief Executive Officer Ivan Tavrin ,