Genius Group Board Approves Dual Listing of its shares on Frankfurt Stock Exchange

Rhea-AI Summary

Genius Group (NYSE American: GNS), a leading entrepreneur edtech and education company, has announced its Board's approval for a dual listing of the company's shares on the Frankfurt Stock Exchange. This decision comes after interested parties approached the company, seeking to provide European investors with access to trade Genius Group shares. The Frankfurt Stock Exchange is the largest in Germany and the third largest in Europe.

The dual listing will allow ordinary shares approved for trading by SEC and NYSE on NYSE American to be traded on the Frankfurt Stock Exchange. Genius Group expects trading to begin within the next month, pending approval from the Frankfurt Stock Exchange. The company will provide further details once they are confirmed.

Positive

• Board approval for dual listing on Frankfurt Stock Exchange
• Potential expansion of investor base to include European investors
• Increased liquidity and trading options for GNS shares

Negative

• None.

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 Europe, the Genius Group board has voted in favour of the dual listing, in which ordinary shares approved for trading by SEC and NYSE on NYSE American may be traded on the Frankfurt Stock Exchange.

The Company expects trading to begin on the exchange within the next month, pending approval from the Frankfurt Stock Exchange, and will provide details once they have been confirmed.

About Genius Group

Genius Group (NYSE: GNS) is a leading provider of AI powered, digital-first education and acceleration solutions for the future of work. Genius Group serves 5.4 million users in over 100 countries through its Genius City model and online digital marketplace of AI training, AI tools and AI talent. It provides personalized, entrepreneurial AI pathways combining human talent with AI skills and AI solutions at the individual, enterprise and government level. To learn more, please visit www.geniusgroup.net.

Forward-Looking Statements 

This press release contains certain forward-looking statements within the meaning of the U.S. federal securities laws, including (without limitation) statements regarding our or our management’s expectations, hopes, beliefs, intentions or strategies regarding the future and other statements that are other than statements of historical fact. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. Forward-looking statements are generally identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result” and similar expressions, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. 

Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: the Company’s goals and strategies; the Company’s future business development; changes in demand for online learning; changes in technology; fluctuations in economic conditions; the growth of the online learning industry the United States and the other markets the Company serves or plans to serve; reputation and brand; the impact of competition and pricing; government regulations; and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the Securities and Exchange Commission (the “SEC”). For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that arise after the date hereof.

Investor Relations

MZ Group - MZ North America
(949) 259-4987
GNS@mzgroup.us
www.mzgroup.us

FAQ

When did Genius Group (GNS) announce its dual listing on the Frankfurt Stock Exchange?

Genius Group (GNS) announced its Board's approval for a dual listing on the Frankfurt Stock Exchange on August 13, 2024.

Why is Genius Group (GNS) pursuing a dual listing on the Frankfurt Stock Exchange?

Genius Group (GNS) is pursuing a dual listing to provide European investors with access to trade its shares and potentially expand its investor base.

When is Genius Group (GNS) expected to begin trading on the Frankfurt Stock Exchange?

Genius Group (GNS) expects trading to begin on the Frankfurt Stock Exchange within the next month, pending approval from the exchange.

What is the current primary listing exchange for Genius Group (GNS)?

Genius Group (GNS) is currently primarily listed on the NYSE American stock exchange.