GDEV Inc. Appoints KPMG Israel as New Auditor Amid Internal Control Weaknesses

Reuters
2025/07/15
GDEV Inc. Appoints KPMG Israel as New Auditor Amid Internal Control Weaknesses

GDEV Inc. $(GDEV)$, an international game development company, announced a change in its registrant's certifying accountant. Effective June 24, 2025, KPMG Somekh Chaikin, an Israeli partnership and member firm of KPMG International, has been appointed as the Company's independent registered public accounting firm, succeeding KPMG Certified Auditors S.A., Athens, Greece. This decision, approved by the audit committee of the board, followed careful consideration and evaluation. The transition comes amidst identified material weaknesses in GDEV's internal controls over financial reporting. Specifically, the company reported issues in engaging individuals with adequate expertise to review complex transactions in 2024, and in evaluating the fair value of share warrants in 2023. These weaknesses were highlighted in the Company's Form 20-F submissions for the respective years. Despite these challenges, there were no unresolved disagreements or reportable events between GDEV and KPMG Greece prior to this transition.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gdev Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-067761), on July 14, 2025, and is solely responsible for the information contained therein.

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