(1)
Nexters is a top-5 independent game developer in Europe
1 that builds mobile, web and social games loved by millions of players globally. Its flagship product, Hero Wars RPG, was downloaded 36 million times in 2020 on iOS and Android alone, scoring a 4.5/5 average rating among users.
Nexters generated $318 million in Net Bookings and $120 million in Free Cash Flow to Equity in 2020; the expected continued growth of Hero Wars and new mobile game titles launching in 2021 are projected to drive Net Bookings to $562 million in 2023, after platform fees.
The Transaction values Nexters at an enterprise value of $1.9 billion, and is expected to deliver up to $150 million in additional cash to the Company to support its transformation into a leading consolidation platform in the European mobile gaming space.
Press release content from Business Wire. The AP news staff was not involved in its creation.
Clover Health and Social Capital Hedosophia Holdings Corp. III Announce Closing of Business Combination
January 7, 2021 GMT
NASHVILLE, Tenn. & PALO ALTO, Calif. (BUSINESS WIRE) Jan 7, 2021
Clover Health Investments, Corp. (“Clover”), an innovative technology company improving health outcomes for America’s seniors, and Social Capital Hedosophia Holdings Corp. III (NYSE: IPOC) (“SCH”), a publicly traded special purpose acquisition company, today completed their previously announced business combination to form one of the nation’s fastest growing publicly-traded Medicare Advantage insurers. The newly formed company is named Clover Health Investments, Corp. (“Clover Health” or the “Company”) and its shares of Class A common stock and warrants will start trading on The Nasdaq Global Select Market (“Nasdaq”) under the new ticker symbols “CLOV” and “CLOVW,” resp
Social Capital Hedosophia Holdings Corp. III to Trade on Nasdaq in Connection with its Proposed Business Combination with Clover Health marketwatch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketwatch.com Daily Mail and Mail on Sunday newspapers.