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Nexters continues trading on Nasdaq

The news comes a year after the formerly Russian-based mobile game developer relocated from the country

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Mobile games studio Nexters is on pace to continue trading on the Nasdaq stock exchange.

The company returns after a year's hiatus, which was attributed to Russia's invasion of Ukraine.

Nexters was delisted from the stock exchange while other businesses were removed or halted after the war started.

Throughout last year, the developer made changes to return to the stock exchange, including relocating out of Russia.

The studio was founded in 2010 and listed on the Nasdaq in 2021.

"For the last year, we have worked hard to obtain to permission for our shares and warrants to trade again on Nasdaq. We are thrilled to announce that GDEV is back," said Nexters CEO Andrey Fadeev.

"We also would like to thank all our stakeholders for their support and patience during the difficult time of the trading halt."

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Jeffrey Rousseau avatar

Jeffrey Rousseau

Staff Writer

Jeffrey Rousseau joined GamesIndustry.biz in March 2021. Based in Florida, his work focused on the intersectionality of games and media. He enjoys reading, podcasts, staying informed, and learning how people are tackling issues.