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Gemini Therapeutics (GMTX) Debuts as Publicly Traded Precision Medicine Company Focused on Age-Related Macular Degeneration

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Gemini Therapeutics Debuts as Publicly Traded Precision Medicine Company Focused on Age-Related Macular Degeneration

February 8, 2021 7:00 AM EST

- Business combination transaction with FS Development Corp., a special purpose acquisition company sponsored by Foresite Capital, completed on February 5, 2021

- Combined company renamed Gemini Therapeutics, Inc.

- Common stock commences trading today on the Nasdaq Global Market under ticker symbol GMTX

- Gross proceeds from this transaction totaled approximately $216 million, combining funds held in FS Development Corp.s trust account and a concurrent PIPE financing

CAMBRIDGE, Mass.--(BUSINESS WIRE)-- Gemini Therapeutics, a clinical stage precision medicine company developing innovative treatments for genetically defined age-related macular... More