Genius Group Stock Price, News & Analysis

Genius Group (NYSE American: GNS) has rescheduled its extraordinary general meeting of shareholders from April 28, 2023 to May 16, 2023. The meeting aims to consider resolutions regarding a new constitution and a proposed capital reduction alongside the distribution of shares in Entrepreneur Resorts Limited. This digital EGM allows shareholders to participate via a Live Webcast on Zoom, requiring pre-registration by May 13, 2023. With a user base of 4.3 million students across 200 countries, Genius Group focuses on disrupting traditional education to foster entrepreneurial skills. Investors are advised to carefully consider risks highlighted in their recent Annual Report and are cautioned about the uncertainties in forward-looking statements.

Genius Group Limited (NYSE American: GNS) has announced a dual listing on Upstream, a trading platform for digital securities and NFTs, starting April 6, 2023, at 10:00 AM EST. Non-U.S. investors can trade GNS shares by downloading Upstream, completing KYC verification, and managing their securities via the app. A commemorative NFT can be claimed using the code 'GNS'. Trading will commence once existing shareholders sell shares, establishing the first transaction. The Upstream platform offers real-time trading and aims to provide a transparent order book. CEO Roger Hamilton emphasized that this listing adds value for shareholders and expands their investor base globally. Genius Group is dedicated to transforming education through a life-long learning curriculum, with a user base of 4.3 million across 200 countries. For more details, visit their official site.

SINGAPORE, March 30, 2023 – Genius Group (NYSE American: GNS) has announced its approval for a dual listing on the Upstream trading platform, effective April 6, 2023. This strategic move aims to enhance liquidity and price discovery by providing global investors the ability to trade using USDC digital currency and other payment methods. The Upstream platform offers a blockchain-powered trading experience with real-time settlement, further globalizing investment opportunities. Existing shareholders can easily transfer their shares to the Upstream app. CEO Roger Hamilton stated that this initiative is pivotal for building shareholder value.

Genius Group Limited (NYSE American: GNS) announced a settlement with Alto Opportunity Master Fund and others, resolving a complaint filed on February 27, 2023. The agreement acknowledges no wrongdoing by Genius Group regarding federal securities laws. Key points include the company opting to pay off its $18 million convertible note in cash to prevent share dilution. It will issue 13 million shares related to previous convertible notes and cancel conversions for 36 million shares linked to the complaint. The parties will collectively invest between $3.7 million to $6.2 million in future offerings. Various business operation restrictions have also been lifted.

Genius Group (NYSE American: GNS) has launched an International Doctor of Business Administration (DBA) program in collaboration with Swiss School of Business and Management (SSBM). This 24-month program, accredited by the ACBSP, targets senior professionals seeking entrepreneurial skills for C-Suite positions. It covers over 12 specializations, including Data Science and AI, and incorporates online learning with thesis support. Featuring renowned faculty and global thought leaders, the DBA aims to meet the demand for innovative leadership in a rapidly changing business landscape. The announcement builds on previous partnerships, enhancing Genius Group’s educational offerings.

Genius Group (NYSE American: GNS) has announced the launch of redeemable discount coupons, formatted as NFTs, available to shareholders as of February 28, 2023. Each shareholder can claim an NFT valued at $10 per share through Upstream's trading app, which can then be redeemed for discounts on courses or products on the GeniusU platform. The NFT coupons must be claimed by June 15, 2023, and redeemed by September 15, 2023. CEO Roger Hamilton emphasized that this initiative aims to enhance shareholder engagement, which the company hopes will convert them into brand advocates.

Genius Group Limited (NYSE American: GNS) will hold an extraordinary general meeting on April 28, 2023, to vote on the spinoff of its subsidiary Entrepreneur Resorts Ltd (ERL). ERL, listed on the Seychelles MERJ Stock Exchange, has a share price of $2.75 and a market cap of $37 million, with 97% of its shares owned by Genius Group. This spinoff aims to streamline operations, allowing both Genius Group and ERL to focus on their respective business models. If approved, shareholders will receive shares in ERL. The board believes this will benefit shareholders by enhancing value for both companies.

Genius Group Limited (NYSE American: GNS) will hold a virtual investor meeting on March 15, 2023, led by CEO Roger Hamilton. The YouTube Livestream will cover critical topics including:

• Redemption process for $10 per share NFT coupons
• Launch of California Business School and GeniusU Global Entrepreneur Program
• Update on the spin-off of Entrepreneur Resorts Ltd
• Corporate actions, partnerships, and acquisitions

This monthly meeting aims to enhance shareholder communication. Interested shareholders must submit inquiries to investor@geniusgroup.net.

Genius Group Limited (NYSE American: GNS) has retained attorney Mark R. Basile and his firm, The Basile Law Firm P.C., as Special Counsel for a lawsuit filed against Alto Opportunity Master Fund, Ayrton Capital, LLC, and Waqas Khatri in the U.S. District Court Southern District of New York. The lawsuit, initiated by Warshaw Burstein LLP and Christian Levine Law Group LLC, targets stock manipulation. Basile’s firm has a notable track record against toxic debt lenders, including a landmark case in 2021 that benefitted numerous public companies. CEO Roger Hamilton expressed confidence in Basile's understanding of toxic loans' effects on retail shareholders.