GDEV Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $203.4M
- Price
- $11.19
- % Change (Daily % change from the live per-ticker quote feed.)
- -3.28%
- Volume
- 1.2K
About
GDEV Inc. operates as a global interactive entertainment firm, specializing in the development and provision of a diverse portfolio of digital games. Its offerings span various platforms, including desktop computers, mobile devices, web browsers, and social networks, reaching audiences across the United States, Europe, Asia, and other international markets. The company, which traces its origins back to its establishment in 2010, was formerly known as Nexters Inc. before officially rebranding to GDEV Inc. in June 2023. Its corporate headquarters are situated in Limassol, Cyprus.
Quick stats
Shares outstanding18.2M
Computed float3.6M
Float / shares20.0%
Key info
SectorTechnology
IndustryElectronic Gaming & Multimedia
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001848739
Websitehttps://gdev.inc
AI Summary
AI-generated1/9
minorneutralbuyback
GDEV announces final results of previously announced self tender offer to purchase for cash up to $20,000,000 in value of its ordinary shares (or up to 1,813,236 Ordinary Shares) at a purchase price of $11.03 per ordinary share
GDEV announced final results of its self tender offer to buy back up to $20 million of ordinary shares at $11.03 per share, which expired September 28.
The offer was heavily undersubscribed: only 57,110 shares were properly tendered and accepted, an aggregate cost of approximately $629.9 thousand, versus the up-to-1,813,236 shares authorized.
The tiny uptake (about 0.3% of shares outstanding) means minimal accretion; the company will have roughly 18.1 million shares outstanding, with purchased shares held as treasury shares available for future issuance.
Red flags
- tender offer severely undersubscribed — only ~3% of maximum shares tendered, suggesting shareholders see $11.03 as below intrinsic value