Buyers Eye Gemini’s Closed Europe and U.K. Units for Licenses

TLDR Potential buyers are evaluating parts of Gemini rather than the entire company. Interested bidders want Gemini’s closed Europe and U.K. operations for regulatory access. European and U.K. approvals do not transfer automatically in an acquisition. Gemini’s stock has fallen more than 80% from its $28 IPO price. Gemini disclosed the departures of its COO, [...]

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