Nexters makes games such as Hero Wars.
Nexters makes games such as Hero Wars.
Categories

Nexters raises its financial forecasts as it prepares to go public in a SPAC

Nexters said it is raising financial forecasts for the year as it prepares to go public through a special purpose acquisition company (SPAC).

The Limassol, Cyprus and Russia-based company said it grew its financial performance in the first quarter and it has raised its outlook for 2021. The company expects to go public this year, thanks to growth of Hero Wars RPG, a role-playing game with more than 100 million downloads to date on iOS and Android. Hero Wars is one of those games you may not be aware of, but you’ve probably seen its ads. Its main goal is to deliver midcore (hardcore gameplay in short time cycles) gaming to more casual players.

Unlock premium content and VIP community perks with GB M A X! Join now to enjoy our free and premium perks. 

Join now →

Sign in to your account.

Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.