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Genius Group and Nuanu Complete Agreements, With a Combined Valuation of $14 Million, to Launch Genius School and Genius City, Bali
Globenewswire· 2025-11-10 13:30
Core Insights - Genius Group Limited has completed Share Purchase and Joint Venture Agreements with Nuanu Creative City, valuing the projects at $14 million with a purchase price of $7.1 million, acquiring a 51% stake in both Genius School and Genius City in Bali [1][2][9] - The company anticipates annual revenue exceeding $20 million and annual profit reaching $6 million from these projects within four years [1][9] Project Overview - The agreements were finalized on November 5, 2025, allowing the launch of the 'Genius City' model, which focuses on AI, Bitcoin, and community [2] - Genius City will serve as a lifelong learning community with facilities for various educational stages and events [3] Nuanu Creative City - Nuanu Creative City spans 44 hectares in Bali and aims to be the creative hub of Southeast Asia, featuring over 30 interconnected projects across five pillars: education, art & culture, nature, health & wellness, and living & lifestyle [4][12] - Genius Group has acquired 51% of ProEd Global School, which includes early learning, primary, and middle schools, and plans to integrate its Genius School model with ProEd's curriculum [4][5] Genius City Features - Genius City will include co-working spaces, corporate retreats, and facilities for accelerators, with an initial 100 keys and plans to be the first Bitcoin-based, tokenized community in Asia [6][9] - The Learning Hub will feature advanced facilities such as music and film studios, maker labs, and virtual reality studios [7] Future Growth Plans - The company is investing $7.1 million for a 51% stake in both projects, expecting the valuation to appreciate as they progress towards revenue and profit targets [9] - Genius Group aims to develop its Genius School and Genius City models further, targeting the establishment of 100 Genius Cities globally [9][10]
Genius Group and Nuanu sign $14 million Share Purchase & Joint Venture Agreement, launching Genius City, Bali
GlobeNewswire News Room· 2025-09-02 12:00
Core Insights - Genius Group Limited has signed a Share Purchase and Joint Venture Agreement with Nuanu Creative City, valuing the partnership at $14 million, to launch Genius City in Bali [1][5] - The Genius City model focuses on lifelong learning centered around AI, Bitcoin, and community, with facilities for various educational stages and events [2][10] - The partnership aims to create a prototype for the Genius City model that can be replicated in other countries, with projected annual revenue exceeding $20 million and profit reaching $6 million within four years [6][10] Company Overview - Genius Group is an AI-powered, Bitcoin-first education group serving 5.8 million users across over 100 countries, providing personalized AI pathways for individuals and organizations [14] - The company aims to integrate its Genius School model with existing educational frameworks in Nuanu, enhancing the curriculum for early learning through adult education [10][11] Nuanu Creative City - Nuanu Creative City spans 44 hectares in Bali and is designed to be a creative epicenter in Southeast Asia, featuring over 30 interconnected projects focused on education, art, culture, and wellness [3][15] - The city attracts over 4,000 daily visitors, including changemakers and artists, and includes notable landmarks such as Aurora Park and Luna Beach Club [4][3] Future Plans - Genius Group will present its full plan for the Genius School and Genius City models at the upcoming Genius Future Summit scheduled for October 2-3, 2025, in Bali [13]