On July 1st, video game developer Nexters Global announced it estimated that the company's first-quarter revenue rose by 48%. This news comes ahead of the organization's listing on the NASDAQ Stock Exchange.

Back in February, Nexters Global announced it would go public. The company raised an undisclosed amount of money at a $1.9 billion valuation via a special purpose acquisition company (SPAC).

Nexters Global is a European video game developer located in Cyprus that was founded in 2009. The company is famous for producing games like Hero Wars and Throne Rush.

(All information was provided by VentureBeat, Reuters, and Google)