Nexters (GDEV) has released an update.
GDEV Inc., a leading gaming company, has announced a one-for-ten reverse stock split to take effect on August 28, 2024, with trading on the adjusted basis beginning the following day. The reverse split aims to enhance the marketability and liquidity of GDEV shares, and will be implemented without the need for shareholder approval. Shareholders will receive cash in lieu of fractional shares based on a five-day average closing price prior to the effective date.
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