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Betting On Growth: Genius Sports Is A Buy Despite Current Unprofitability
Seeking Alpha· 2024-09-28 08:58
Small deep value individual investor, with a modest private investment portfolio, split approx. 50%-50% between shares and call options. I have a B.Sc. in aeronautical engineering and over 6 years of experience as an engineering consultant in the aerospace sector. The latter statement is not relevant in any way whatsoever to my investment style, but I thought to add it for self-indulgent purposes. I have a contrarian investment style, highly risky, and often dealing with illiquid options. How illiquid? Well ...
Genius Metals Announces Private Placement of up to $500,000
GlobeNewswire News Room· 2024-09-24 22:59
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES MONTRÉAL, Sept. 24, 2024 (GLOBE NEWSWIRE) -- Genius Metals Inc. (TSXV: GENI) ("Genius Metals" or the "Corporation") is pleased to announce a non-brokered private placement of up to 6,250,000 units of the Corporation ("Units") at a price of $0.08 per Unit, for total gross proceeds of up to $500,000 (the "Offering"). Each Unit will consist of one common share of the Corporation (a "Common Share") and one-half of one Commo ...
Genius Group Announces Cancellation of Extraordinary General Meeting Scheduled On 18 September 2024
GlobeNewswire News Room· 2024-09-16 20:15
Core Viewpoint - Genius Group Limited has announced the cancellation of its Extraordinary General Meeting (EGM) scheduled for September 18, 2024, due to the decision not to proceed with the Proposed Share Consolidation after considering stakeholder feedback [1][3]. Company Announcement - The EGM was originally convened to discuss the Proposed Share Consolidation as detailed in the Notice of EGM dated August 16, 2024 [2]. - Shareholders are informed that any proxy forms submitted for the EGM will be cancelled, and they are advised to stay updated with further announcements from the Company [4]. Company Overview - Genius Group is a leading provider of AI-powered, digital-first education and acceleration solutions, serving 5.4 million users across over 100 countries [5]. - The Company operates through its Genius City model and online digital marketplace, offering AI training, tools, and talent, focusing on personalized entrepreneurial AI pathways [5].
NANO Nuclear Energy Contracts with GNS for Design Work to Optimize its Patented Advanced Nuclear Fuel Transportation Technology
GlobeNewswire News Room· 2024-09-11 12:30
Scope of Work Includes Investigation into Transporting Multiple Fuel Types New York, N.Y., Sept. 11, 2024 (GLOBE NEWSWIRE) -- NANO Nuclear Energy Inc. (NASDAQ: NNE) ("NANO Nuclear" or "the Company"), a leading advanced nuclear energy and technology company focused on developing portable, clean energy solutions, today announced it has signed an agreement with GNS Gesellschaft für Nuklear-Service mbH (GNS) to undertake a wide-ranging project to produce an optimized HALEU transportation system solution based o ...
Genius Group Announces Reverse Stock Split Effective on August 16, 2024
GlobeNewswire News Room· 2024-08-15 20:50
Core Viewpoint - Genius Group Limited announced a 1-for-10 reverse stock split effective August 16, 2024, to increase the per share market price and meet NYSE listing requirements [1][2]. Group 1: Reverse Stock Split Details - The reverse stock split consolidates every 10 shares into 1 share, with a new CUSIP number assigned (Y3005A117) [2]. - The reverse stock split was approved by stockholders on February 16, 2023, and subsequently by the Board of Directors on August 5, 2024 [2]. - No fractional shares will be issued; any fractional shares will be rounded down and returned to treasury [4]. Group 2: Impact on Equity Awards - Proportionate adjustments will be made to the exercise prices and the number of shares underlying the Company's outstanding equity awards [3][5]. - For outstanding warrants, every ten shares that may be purchased prior to the split will represent one share post-split, with the exercise price adjusted accordingly [5]. Group 3: Company Overview - Genius Group is a leading provider of AI-powered, digital-first education solutions, serving 5.4 million users in over 100 countries [6]. - The company offers personalized AI pathways that combine human talent with AI skills and solutions at various levels [6].
Genius Group Board Approves Dual Listing of its shares on Frankfurt Stock Exchange
GlobeNewswire News Room· 2024-08-13 15:35
SINGAPORE, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Genius Group Limited (NYSE American: GNS) ("Genius Group" or the "Company"), a leading entrepreneur edtech and education group, announced today that its Board has approved the dual listing of the Company's shares on the Frankfurt Stock Exchange. Following an approach from interested parties seeking to provide European investors with access to trade Genius Group shares via the Frankfurt Stock Exchange, the largest stock exchange in Germany and the third largest in ...
Genius Group Founder & CEO Roger James Hamilton to Purchase up to 10 Million Shares
GlobeNewswire News Room· 2024-08-09 17:14
SINGAPORE, Aug. 09, 2024 (GLOBE NEWSWIRE) -- Genius Group Limited (NYSE American: GNS) ("Genius Group" or the "Company"), a leading entrepreneur edtech and education group, announced today that its Board has approved the purchase of up to 10 million ordinary shares of the Company by Founder & CEO Roger James Hamilton. The shares – to be purchased at 105% of the closing price on the prior trading day – will be issued and paid for by a combination of cash and conversion of debt due from the Company, and may b ...
Genius Group Announces Reverse Stock Split
GlobeNewswire News Room· 2024-08-06 03:50
NEW YORK, NY, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Genius Group Limited (NYSE American: GNS) ("Genius Group" or the "Company"), a leading AI powered education and acceleration group, today announced that its Board of Directors has approved a 1-for-10 reverse stock split of the Company's ordinary shares. The reverse stock split is expected to become effective at 12:01 a.m. Eastern Time on August 16, 2024. The Company's ordinary shares expected to commence trading on a split-adjusted basis when the New York Stoc ...
Genius Group Announces Reverse Stock Split
Newsfilter· 2024-08-06 03:50
Core Points - Genius Group Limited has announced a 1-for-10 reverse stock split of its ordinary shares, effective at 12:01 a.m. Eastern Time on August 16, 2024 [1][2] - The primary objective of the reverse stock split is to increase the per share market price to meet the NYSE's minimum price requirement for continued listing [2] - The reverse stock split was approved by stockholders at an extraordinary general meeting on February 16, 2023 [2] Summary of the Reverse Stock Split - Every ten ordinary shares will be consolidated into one ordinary share, with proportional adjustments made to equity awards and incentive plans [3] - The reverse stock split will not affect the number of authorized ordinary shares or the par value of the shares [3] - No fractional shares will be issued; any fractional shares will be rounded down and returned to treasury [4] Stockholder Information - Continental Stock Transfer & Trust is acting as the exchange agent for the reverse stock split, and stockholders will not need to take any action for their shares to be adjusted [5] Company Overview - Genius Group is a leading provider of AI-powered, digital-first education solutions, serving 5.4 million users in over 100 countries [6] - The company offers personalized curriculums for individuals, enterprises, and governments, including K-12 education, accredited university courses, and skills-based courses for entrepreneurs [6]
Genius Group Wins Council of Europe Competition for 'Genius Nation' AI System and Completes Delivery
Newsfilter· 2024-07-26 12:00
SINGAPORE, July 26, 2024 (GLOBE NEWSWIRE) -- Genius Group Limited (NYSE:GNS) ("Genius Group" or the "Company"), a leading AI powered education and acceleration group, today announced the delivery of a nationwide AI technology system to the Asset Recovery Committee of the Prosecutor General's Office of the Republic of Kazakhstan, awarded in a global competition launched by the Council of Europe, the European Union's leading human rights organization. The Asset Recovery Committee was established in 2023 by de ...