BRIEF-Gemini Therapeutics And Disc Medicine Announce Merger Agreement

Reuters

2022-08-10

Aug 10 (Reuters) - Gemini Therapeutics Inc :

* GEMINI THERAPEUTICS AND DISC MEDICINE ANNOUNCE MERGER AGREEMENT

* GEMINI THERAPEUTICS INC - COMBINED COMPANY IS EXPECTED TO HAVE APPROXIMATELY $175 MILLION OF CASH OR CASH EQUIVALENTS AT CLOSE

* GEMINI THERAPEUTICS INC - UPON SHAREHOLDER APPROVAL, COMBINED COMPANY IS EXPECTED TO OPERATE UNDER NAME DISC MEDICINE, INC.

* GEMINI THERAPEUTICS INC - PRE-MERGER GEMINI SHAREHOLDERS ARE EXPECTED TO OWN APPROXIMATELY 28% OF COMBINED COMPANY

* GEMINI THERAPEUTICS INC - UPON SHAREHOLDER APPROVAL, COMBINED COMPANY IS EXPECTED TO TRADE ON NASDAQ GLOBAL MARKET UNDER TICKER SYMBOL IRON

* GEMINI THERAPEUTICS INC - PRE-MERGER DISC SHAREHOLDERS ARE EXPECTED TO OWN APPROXIMATELY 72% OF COMBINED COMPANY

* GEMINI THERAPEUTICS - TRANSACTION WILL FUND MULTIPLE CLINICAL STUDIES, INCLUDING CLINICAL TRIALS OF BITOPERTIN FOR ERYTHROPOIETIC PORPHYRIAS

* GEMINI THERAPEUTICS - IN SUPPORT OF MERGER, DISC SECURED COMMITMENTS FROM SYNDICATE OF HEALTHCARE INVESTORS LED BY ACCESS BIOTECHNOLOGY

* GEMINI THERAPEUTICS - TRANSACTION WILL FUND MULTIPLE CLINICAL STUDIES, INCLUDING CLINICAL TRIAL OF DISC-0974 FOR ANEMIA OF MYELOFIBROSIS

* GEMINI THERAPEUTICS - TRANSACTION WILL FUND MULTIPLE CLINICAL STUDIES, INCLUDING CLINICAL TRIAL OF DISC-0974 FOR ANEMIA OF CHRONIC KIDNEY DISEASE

* GEMINI THERAPEUTICS - MERGER AGREEMENT PROVIDES BOARD OF COMBINED CO WILL BE COMPOSED OF 9 MEMBERS, INCLUDING 8 DISC BOARD MEMBERS & 1 FROM GEMINI

* GEMINI THERAPEUTICS - AFTER MERGER, COMBINED CO WILL BE LED BY JOHN QUISEL, CURRENT CEO, PRESIDENT OF DISC MEDICINE, OTHER MEMBERS OF DISC MANAGEMENT

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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1 FROM GEMINI</p><p>   * GEMINI THERAPEUTICS - AFTER MERGER, COMBINED CO WILL BE LED BY JOHN QUISEL, CURRENT CEO, PRESIDENT OF DISC MEDICINE, OTHER MEMBERS OF DISC MANAGEMENT</p><p>Source text for Eikon:    Further company coverage:   </p><p> ((Reuters.Briefs@thomsonreuters.com;))</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BRIEF-Gemini Therapeutics And Disc Medicine Announce Merger Agreement</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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1 FROM GEMINI</p><p>   * GEMINI THERAPEUTICS - AFTER MERGER, COMBINED CO WILL BE LED BY JOHN QUISEL, CURRENT CEO, PRESIDENT OF DISC MEDICINE, OTHER MEMBERS OF DISC MANAGEMENT</p><p>Source text for Eikon:    Further company coverage:   </p><p> ((Reuters.Briefs@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"http://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2258904462","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2258904462","pubTimestamp":1660131204,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"Aug 10 (Reuters) - Gemini Therapeutics Inc   :   * GEMINI THERAPEUTICS AND DISC MEDICINE ANNOUNCE ME","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"简介-双子座治疗与椎间盘医学宣布合并协议","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"APR":0.9,"CGEM":0.9,"GMTX":0.9,"LABP":0.9,"LHDX":0.9,"ONTF":0.9,"SANA":0.9},"content_text":"Aug 10 (Reuters) - Gemini Therapeutics Inc   :   * GEMINI THERAPEUTICS AND DISC MEDICINE ANNOUNCE MERGER AGREEMENT   * GEMINI THERAPEUTICS INC - COMBINED COMPANY IS EXPECTED TO HAVE APPROXIMATELY $175 MILLION OF CASH OR CASH EQUIVALENTS AT CLOSE   * GEMINI THERAPEUTICS INC - UPON SHAREHOLDER APPROVAL, COMBINED COMPANY IS EXPECTED TO OPERATE UNDER NAME DISC MEDICINE, INC.   * GEMINI THERAPEUTICS INC - PRE-MERGER GEMINI SHAREHOLDERS ARE EXPECTED TO OWN APPROXIMATELY 28% OF COMBINED COMPANY   * GEMINI THERAPEUTICS INC - UPON SHAREHOLDER APPROVAL, COMBINED COMPANY IS EXPECTED TO TRADE ON NASDAQ GLOBAL MARKET UNDER TICKER SYMBOL IRON   * GEMINI THERAPEUTICS INC - PRE-MERGER DISC SHAREHOLDERS ARE EXPECTED TO OWN APPROXIMATELY 72% OF COMBINED COMPANY   * GEMINI THERAPEUTICS - TRANSACTION WILL FUND MULTIPLE CLINICAL STUDIES, INCLUDING CLINICAL TRIALS OF BITOPERTIN FOR ERYTHROPOIETIC PORPHYRIAS   * GEMINI THERAPEUTICS - IN SUPPORT OF MERGER, DISC SECURED COMMITMENTS FROM SYNDICATE OF HEALTHCARE INVESTORS LED BY ACCESS BIOTECHNOLOGY   * GEMINI THERAPEUTICS - TRANSACTION WILL FUND MULTIPLE CLINICAL STUDIES, INCLUDING CLINICAL TRIAL OF DISC-0974 FOR ANEMIA OF MYELOFIBROSIS   * GEMINI THERAPEUTICS - TRANSACTION WILL FUND MULTIPLE CLINICAL STUDIES, INCLUDING CLINICAL TRIAL OF DISC-0974 FOR ANEMIA OF CHRONIC KIDNEY DISEASE   * GEMINI THERAPEUTICS - MERGER AGREEMENT PROVIDES BOARD OF COMBINED CO WILL BE COMPOSED OF 9 MEMBERS, INCLUDING 8 DISC BOARD MEMBERS & 1 FROM GEMINI   * GEMINI THERAPEUTICS - AFTER MERGER, COMBINED CO WILL BE LED BY JOHN QUISEL, CURRENT CEO, PRESIDENT OF DISC MEDICINE, OTHER MEMBERS OF DISC MANAGEMENTSource text for Eikon:    Further company coverage:    ((Reuters.Briefs@thomsonreuters.com;))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}