GDEV Issues Clarifying Statement Regarding Former Director And Current Minority Shareholder, Ivan Tavrin; Sanctions Imposed On Its Former Member Of The Board Of Directors And Minority Shareholder Have No Direct Impact On The Company
Portfolio Pulse from Benzinga Newsdesk
GDEV Inc. issued a statement clarifying that sanctions against former director and current minority shareholder Ivan Tavrin have no direct impact on the company. Tavrin, who holds 5.9% of GDEV's shares through Kismet Sponsor Limited, was added to the U.S. SDN List but does not control or influence the company. GDEV, which resumed trading on Nasdaq in March 2023 after a suspension, emphasizes its commitment to corporate governance and adherence to Nasdaq and SEC standards.
December 13, 2023 | 1:08 pm
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GDEV clarifies that sanctions on Ivan Tavrin, a former director and minority shareholder, do not affect the company's operations or its shareholders.
The news is directly about GDEV and is important for investors to understand that the company's operations remain unaffected by the sanctions on Ivan Tavrin. However, since the company has already resumed trading and the sanctions are on a minority shareholder without control, the short-term impact on the stock price is likely neutral.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100