February 01, 2021
Nexters Global Limited (Nexters or the Company), a Cyprus-based mobile and social game developer and
publisher, and Kismet Acquisition One Corp. (Kismet) (Nasdaq: KSMTU), a
special purpose acquisition company (SPAC) have entered into a definitive business
combination agreement (the Transaction) that will result in Nexters becoming
a publicly listed company on the Nasdaq Global Select Market under a new GDEV
ticker. The Transaction is expected to close in the second quarter of 2021.
Latham & Watkins LLP represented Nexters
in the transaction with an M&A and capital markets deal team led by
partners David Stewart, Ryan Maierson, and counsel Yoseph Choi, with
associates Jessica Burke and Adam Czernikiewicz. Advice was also provided on Russian law matters by partner Olga Ponomarenko
and associate Viktoria Petukhova; on cross-border securities law matters by
partner Paul Dudek; on tax matters by partner Jiyeon Lee-Lim with associate
Shruti Hazra; on intellectual property matters by partner Deborah Kirk; and on
compliance matters by partners Les Carnegie and Charles Claypoole.