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Genius Group Offers Shareholders $0.10 Per Share Bitcoin Loyalty Payment for Shares Held in Book Entry
Globenewswire· 2025-10-23 12:00
Core Points - Genius Group Limited is offering a $0.10 per share loyalty payment in Bitcoin to shareholders who transfer their shares to book entry [1][2] - The company aims to increase the percentage of shares in book entry, which currently stands at 60.3% as of September 23, 2025 [2] - Shareholders must maintain their shares in book entry for six months to qualify for the loyalty bonus, with a record date set for November 28, 2025 [3][4] Shareholder Participation - Eligible shareholders will be contacted to provide their Bitcoin Wallet address or Bank Account for the loyalty bonus payment [5] - Shareholders of Entrepreneur Resorts Ltd who are due Genius Group shares as part of an asset purchase agreement are also eligible for the loyalty payment [6] - The loyalty bonus does not apply to Directors, Officers, or Employees of the company [7] Moving Shares to Book Entry - Shareholders can transfer their shares to book entry by instructing their broker to use the Direct Registration System (DRS) [8][9] - Shares must remain in book entry from the record date to the qualifying date to qualify for the loyalty bonus [10] Company Overview - Genius Group is an AI-powered education group with a Bitcoin-first treasury, serving six million users in over 100 countries [11]
Genius Group Provides Details on Direct Registration of Shares
Globenewswire· 2025-07-17 15:05
Core Viewpoint - Genius Group Limited is providing shareholders with options to direct register their shares to mitigate the risk of their shares being lent out for short selling without their consent [2][3][4]. Group 1: Shareholder Options - Shareholders can request their brokers to transfer shares to the Direct Registration System (DRS) managed by Vstock, ensuring shares are held in the shareholder's name and cannot be lent out without consent [4][5]. - As of July 17, 2025, approximately 14.8 million shares, or 18.2% of the company's issued shares, are held at Vstock, while 81.8% remain in broker accounts [5]. Group 2: Market Manipulation Concerns - Kevin Malone, the Board Advisor, highlights that brokers are not obligated to inform shareholders when their shares are lent out, which can lead to market manipulation [2][3][6]. - Malone compares the situation to real estate transactions where a broker may act without the owner's knowledge, emphasizing the importance of control over owned assets [6]. Group 3: Company Overview - Genius Group is an AI-powered, Bitcoin-first education group serving 5.8 million users across over 100 countries, offering AI training and solutions [7]. - The company focuses on personalized, entrepreneurial AI pathways that integrate human talent with AI skills at various levels, including individual, enterprise, and government [7].
Tevogen to Share Direct Registration System (DRS) Process Details Following Increased Shareholder Interest
Globenewswire· 2025-05-02 19:45
Group 1 - Tevogen Bio Holdings Inc. has received inquiries from shareholders about transferring shares to the Direct Registration System (DRS) following a recent press release [1] - The company will provide step-by-step guidance next week for shareholders to register their shares directly with the transfer agent, Continental Stock Transfer & Trust [2] - Several of Tevogen's largest shareholders have chosen to hold their shares via DRS, indicating their confidence in this method of ownership [2]