Genius Group sends Demand Notices to Stockbrokers Charles Schwab, Fidelity, Vanguard and Robinhood to Reinstate the Buy Button for GNS Shares
Rhea-AI Summary
Sunoco (NYSE: SUN) and Parkland (TSX: PKI) announced the expiration of the Hart-Scott-Rodino (HSR) waiting period for Sunoco's pending acquisition of Parkland. The expiration satisfies an important regulatory step required to complete the transaction.
The companies said the Transaction is expected to close in the fourth quarter of 2025, and closing remains subject to other regulatory approvals and the satisfaction of certain customary closing conditions.
Positive
- HSR waiting period expired, clearing a key antitrust milestone
- Transaction expected to close in Q4 2025
Negative
- Deal still requires other regulatory approvals before closing
- Completion contingent on customary closing conditions, risking delays
News Market Reaction
On the day this news was published, SUN gained 2.03%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
SINGAPORE, Nov. 18, 2025 (GLOBE NEWSWIRE) -- Genius Group Limited (NYSE American: GNS) (“Genius Group”, “GNS” or the “Company”), a leading AI-powered, Bitcoin-first education group, announced that it sent Demand Notices to four brokerage firms, Charles Schwab & Co., Inc. (“Schwab”), Fidelity Global Brokerage Group, Inc. (“Fidelity”), The Vanguard Group, Inc. (“Vanguard”) and Robinhood Markets, Inc. (“Robinhood”), (collectively “The Parties”) on November 17, 2025 to reinstate buy button functionality for investors to buy the Company’s shares online as easily as they can sell shares.
About Genius Group
Genius Group (NYSE: GNS) is a Bitcoin-first business delivering AI powered, education and acceleration solutions for the future of work. Genius Group serves 6 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 https://www.geniusgroup.ai/
Forward-Looking Statements
Statements made in this press release include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements can be identified by the use of words such as “may,” “will”, “plan,” “should,” “expect,” “anticipate,” “estimate,” “continue,” or comparable terminology. Such forward-looking statements are inherently subject to certain risks, trends and uncertainties, many of which the Company cannot predict with accuracy and some of which the Company might not even anticipate and involve factors that may cause actual results to differ materially from those projected or suggested. Readers are cautioned not to place undue reliance on these forward-looking statements and are advised to consider the factors listed above together with the additional factors under the heading “Risk Factors” in the Company's Annual Reports on Form 20-F, as may be supplemented or amended by the Company's Reports of a Foreign Private Issuer on Form 6-K. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events, new information or otherwise. No information in this press release should be construed as any indication whatsoever of the Company’s future revenues, results of operations, or stock price.
Contacts
For enquiries, contact investor@geniusgroup.ai
FAQ
What does the expiration of the HSR waiting period mean for SUN and PKI shareholders?
When is the Sunoco acquisition of Parkland expected to close (SUN, PKI)?
What regulatory approvals remain for the SUN acquisition of PKI?
Could the SUN–PKI deal be delayed after the HSR waiting period expired?
Does the HSR expiration guarantee the Sunoco–Parkland transaction will close?
