We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Kismet Acquisition One Corp. (“Kismet” or the “Company”) (NASDAQ: KSMT) in connection with the Company’s proposed merger with Nexters Global Limited (“Nexters”), a privately held mobile & social game developer and publisher.  Under the terms of the merger agreement, Kismet will acquire Nexters through a reverse merger that will result in Nexters becoming a public company traded on the NASDAQ Global Select Market.  The transaction implies an enterprise value of $1.9 billion for Nexters.

WeissLaw LLP is investigating whether Kismet’s board acted in the best interest of Kismet’s public shareholders in agreeing to the proposed transaction, whether the board was fully informed as to the valuation of Nexters, and whether all information regarding the process undertaken by the board and the valuation of the transaction will be fully and fairly disclosed to Kismet’s public shareholders. WeissLaw LLP has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties.  We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases.  If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at stockinfo@weisslawllp.com