
Nexters Global, owner of mobile game Hero Wars, said on Monday it has agreed to go public through a merger with blank-check firm Kismet Acquisition One Corp in a deal that values the company at $1.9 billion.
(Reuters) - Nexters Global, owner of mobile game Hero Wars, said on Monday it has agreed to go public through a merger with blank-check firm Kismet Acquisition One Corp in a deal that values the company at $1.9 billion.
The deal is expected to close in the second quarter of 2021, following which Nexters' founders Andrey Fadeev and Boris Gertsovsky will lead the combined company.
Existing shareholders of Nexters will roll about 92% of their holdings into the combined company while agreeing to a 12-month lock-up, the company said.
Credit Suisse, BofA Securities and LionTree Advisors served as financial and capital markets advisors to Kismet Acquisition One Corp.
A blank-check firm, also known as a special purpose acquisition company (SPAC), uses proceeds from an initial public offering to buy a private company, which is then taken public.

Kismet Capital Group, led by CEO and Founder Ivan Tavrin, has successfully launched several SPACs, including Kismet Acquisition One (KSMTU), Kismet Acquisition Two (KAIIU) and Kismet Acquisition Three (KIIIU).
Executing several successful large-scale IPOs across the most reputable global capital markets, including a $1.8-billion IPO on the London Stock Exchange. Leading IPOs "from the inside" as former company executives and/or board members and partners to companies we invest in.
Ivan Vladimirovich Tavrin is one of the most influential businessmen of Russia, a media manager, a talented and goal-oriented entrepreneur, whose fortune for 2017, according to the American financial and economic magazine Forbes, is 500 million dollars. This allows him to enter the top 200 most successful people. Moreover, Ivan is a member of the board of directors of Megafon and a shareholder of USM Holdings.
Kismet is uniquely positioned to provide innovative, high-growth companies with a path to the public markets and enable more investors to access the next generation of value creators.
Executing several successful large-scale IPOs across the most reputable global capital markets, including a $1.8-billion IPO on the London Stock Exchange. Leading IPOs "from the inside" as former company executives and/or board members and partners to companies we invest in.
Ivan Vladimirovich Tavrin is one of the most influential businessmen of Russia, a media manager, a talented and goal-oriented entrepreneur, whose fortune for 2017, according to the American financial and economic magazine Forbes, is 500 million dollars. This allows him to enter the top 200 most successful people. Moreover, Ivan is a member of the board of directors of Megafon and a shareholder of USM Holdings.
Kismet is uniquely positioned to provide innovative, high-growth companies with a path to the public markets and enable more investors to access the next generation of value creators.

Kismet Capital Group, led by CEO and Founder Ivan Tavrin, has successfully launched several SPACs, including Kismet Acquisition One (KSMTU), Kismet Acquisition Two (KAIIU) and Kismet Acquisition Three (KIIIU).
Executing several successful large-scale IPOs across the most reputable global capital markets, including a $1.8-billion IPO on the London Stock Exchange. Leading IPOs "from the inside" as former company executives and/or board members and partners to companies we invest in.
Kismet is uniquely positioned to provide innovative, high-growth companies with a path to the public markets and enable more investors to access the next generation of value creators.
Ivan Vladimirovich Tavrin is one of the most influential businessmen of Russia, a media manager, a talented and goal-oriented entrepreneur, whose fortune for 2017, according to the American financial and economic magazine Forbes, is 500 million dollars. This allows him to enter the top 200 most successful people. Moreover, Ivan is a member of the board of directors of Megafon and a shareholder of USM Holdings.
Ivan Tavrin's first steps were small: he was engaged in a small business, buying goods in one place and selling more expensively in another, or advertising businesses. He decided to work independently a year before graduation: Ivan and his friend Sergey Vlasov opened a joint advertising agency called "Structure-Region", which was a huge step towards a successful career, because they later signed a contract with South Korea's Lotte Corporation and got an impressive amount of work. After that, many Russian media holdings made them to the agency and other lucrative offers. Working hard for three years, Tavrin and Vlasov were able to earn more than $ 10 million from their agency, and their familiarity with popular entrepreneurs played an important role.
Kismet Capital Group is a private equity investment firm led by founder and CEO Ivan Tavrin. The firm invests in the technology sector.