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Latham & Watkins Advises Nexters on Business Combination With Kismet and Nasdaq Listing

August 31, 2021
Cross-border team represents Cyprus-based mobile & social game developer and publisher in SPAC transaction and listing on Nasdaq Global Market.

Latham & Watkins advised Nexters Global Limited, a Cyprus-based mobile & social game developer and publisher, on the consummation of its previously announced business combination with Kismet Acquisition One Corp., a special purpose acquisition company, resulting in Nexters becoming a publicly-listed company. Shares of the newly formed British Virgin Islands parent company, Nexters Inc., began trading on the Nasdaq Global Market on August 27, 2021 under a new GDEV ticker.

The Latham team was led by Moscow capital markets partner David Stewart and Frankfurt counsel Yoseph Choi, with associate Jessica Burke. Advice was also provided on cross-border securities law matters by Houston partner Ryan Maierson and Washington, D.C. partner Paul Dudek; on sanctions matter by Washington, D.C. partner Les Carnegie; on tax matters by New York partner Jiyeon Lee-Lim with associate Shruti Hazra; on compliance matters by Washington, D.C. partner J. Christian Word; and on public company representation matters by New York counsel Emily Corbi.