Gaming and entertainment holding company GDEV Inc. announced a public tender offer to repurchase up to $20 million of its ordinary shares, priced at $11.03 per share. The offer, launched on August 31, 2026, from Limassol, Cyprus, targets a maximum of 1,813,236 shares, based on the volume-weighted average price over the 10 trading sessions ending August 28, 2026.
The company will fund the acquisition using existing cash and cash equivalents. Any shares repurchased will be held as treasury stock and remain available for future issuances. If valid tendered shares exceed the maximum, proration may apply. The tender offer, proration period, and withdrawal rights expire at 18:00 on September 28, 2026, unless extended.
GDEV’s board stated the repurchase represents a prudent use of financial resources, balancing business needs with shareholder value amid current market conditions. The company, which operates subsidiaries Nexters and Cubic Games, has reported over 550 million game installations and $2.5 billion in revenue bookings globally.
D.F. King & Co., Inc. serves as the information agent for the offer, while Continental Stock Transfer & Trust Company acts as the depositary.
