- 01
PCF Group S.A. has suspended all development activities on the Gemini project, effective 1 June 2025.
- 02
The suspension follows the expiration of the content-rider agreement with Square Enix Limited, which covered work-for-hire production services.
- 03
Square Enix has failed to provide a new execution agreement for subsequent production milestones or clarify its intent regarding the project's future.
- 04
PCF Group currently lacks alternative funding, partnerships, or replacement contracts to continue development on the Gemini project.
- 05
The board cited significant uncertainty regarding the publisher's commitment as the primary reason for halting operations.
- 06
The decision to suspend work is legally justified under Article 17(1) of the MAR Regulation, which allows for halting operations when contractual conditions become untenable.