FS Development Shareholders Approve $216M Gemini Acquisition

Gemini Therapeutics

FS Development in an 8-K filing announced that shareholders have approved the SPAC’s proposed $216 million merger with Gemini Therapeutics.

The vote was 10,861,619 shares in favor of the deal with 912,082 shares voted in opposition. The SPAC said 100 shares were redeemed.

Gemini is a clinical stage precision medicine company developing treatments for genetically defined age-related macular degeneration. Read more.

Total
0
Shares
Related Posts
IPO
Read More

TG Venture Acquisition Files for $100M IPO

The new SPAC is broadly focused on technology companies, identifying 16 different segments in the prospectus, including AI, 5G, blockchain, IoT, cybersecurity, quantum computing, EV charging infrastructure, space exploration and more.