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 ...

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 ...

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 ...

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]

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 ...

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Core Viewpoint - Genius Group is positioned to disrupt the global education market with a dynamic and innovative curriculum tailored to individual learners' needs and objectives [1] Company Overview - Genius Group is a leading AI-powered education group that provides personalized, flexible, and lifelong learning solutions to over 5.4 million users across more than 100 countries [16] - The company has recently completed a strategic merger with FatBrain AI to enhance its AI education offerings and is in the process of merging with OpenExO to further expand its global AI education network [8][15] Financial Performance - For the year ended December 31, 2023, Genius Group reported a total revenue of $23.1 million, reflecting a 27% increase from $18.2 million in 2022 [12] - The education revenue specifically saw a 37% increase, supported by a 24% rise in the student and user base to 5.5 million, and an improvement in the conversion rate from 1.20% to 3.19% [12] Strategic Initiatives - The company's strategic initiatives, including the acquisition of FatBrain AI and the pending merger with OpenExO, are crucial for driving sustainable growth and enhancing its market position [13] - Genius Group aims to build a global AI education and acceleration network, leveraging its AI-powered Edtech platform, GeniusU, to offer in-demand AI training and tools [13]

Core Viewpoint - Genius Group Limited is enhancing its position in the AI education sector through strategic mergers and robust financial performance, aiming to disrupt traditional education models and expand its global reach [2][7][13]. Company Overview - Genius Group is a leading provider of AI-powered, digital-first education solutions, serving 5.4 million users across over 100 countries with personalized curriculums for individuals, enterprises, and governments [3][6]. - The company has completed a strategic merger with FatBrain AI to form an AI-powered Education and Acceleration group, targeting diverse clientele including entrepreneurs, enterprises, governments, and students [7]. Financial Performance - For the year ended December 31, 2023, Genius Group reported a total revenue of $23.1 million, a 27% increase from $18.2 million in 2022, driven by a 37% increase in education revenue [13]. - The student and user base grew by 24% to 5.5 million, with a significant improvement in the conversion rate from 1.20% in the previous year to 3.19% in 2023 [13]. Strategic Initiatives - Genius Group is set to merge with OpenExO in an all-share transaction to further expand its global AI Education Group, following the recent merger with FatBrain [2][14]. - The company's strategic initiatives and acquisitions are pivotal in driving sustainable growth and enhancing its market position in the education technology sector [14]. Market Position - According to Diamond Equity Research, Genius Group is uniquely positioned to disrupt the global education market by offering a dynamic and innovative curriculum tailored to individual needs [6].

The update note is available here. Highlights from the note include: creating potential shareholder value and underscoring the company's strong growth potential. We have revised our valuation model to reflect the latest financial results and outstanding shares, along with a reassessment of the comparable company analysis. These updates have led to a valuation of $2.25 per share, contingent upon the company's successful execution of its strategic initiatives. Genius Group (NYSE: GNS) is a Singapore-based EdT ...

NEW YORK, June 27, 2024 (GLOBE NEWSWIRE) -- Diamond Equity Research, a leading equity research firm with a focus on small capitalization public companies has released update note on Genius Group Ltd. (NYSE: GNS). The update note includes information on the Genius Group Ltd.' financial results, management commentary, recent developments, outlook, risks, and our revised valuation estimates. The update note is available here. Highlights from the note include: Genius Group Acquires FatBrain AI to Expand AI Educ ...