Welcome to our dedicated page for Genius Group news (Ticker: GNS), a resource for investors and traders seeking the latest updates and insights on Genius Group stock.
Genius Group Limited (GNS) is a dynamic Edtech and education company focused on providing specialized entrepreneur education, business development tools, and management consultancy services. The company operates through two primary segments: Education and Campus. The Education segment, which generates the majority of the company's revenue, offers a comprehensive entrepreneur education system that includes business development tools and consultancy. Meanwhile, the Campus segment encompasses entrepreneur resorts, retreats, and co-working cafes designed to foster innovation and collaboration among entrepreneurs.
Recent achievements of Genius Group include the successful expansion of its education programs, strategic partnerships with leading educational institutions, and the introduction of new business development tools tailored for entrepreneurs. The company is also actively engaged in several current projects aimed at enhancing the capabilities of its education platform and expanding its global reach.
Financially, Genius Group has demonstrated resilience and growth, supported by its robust business model and innovative offerings. The company's strong focus on the education segment has been a key driver of its revenue and market position.
Genius Group's partnerships with industry leaders and its continuous efforts in developing cutting-edge products have positioned the company as a significant player in the Edtech sector. The company's commitment to empowering entrepreneurs through education and strategic resources underscores its mission and vision for the future.
For the latest updates and relevant information about Genius Group Limited, investors can refer to recent news, such as updates on investor relations, forward-looking statements, and compliance with NYSE guidelines, among others.
Genius Group Limited (NYSE American: GNS) announced the Alpha release of its Genie AI, aimed at enhancing personalized learning on its GeniusU platform. This AI guide learns from students' preferences and goals, assisting with course recommendations, community connections, and entrepreneurial opportunities. The Genie AI integrates OpenAI's GPT-4 and Salesforce's Einstein AI, with a Beta version expected in Q2 2023. This initiative facilitates AI-assisted learning across various programs, including vocational certifications and degrees. CEO Roger Hamilton emphasized the necessity of AI in education, proposing that the future requires all students to have AI assistants. The company serves over 4.3 million users globally, promoting a student-centered approach to lifelong learning.
Genius Group Limited (NYSE American: GNS) will host a virtual investor meeting on April 19, 2023, led by CEO Roger Hamilton. The meeting will be streamed on YouTube and will cover significant topics such as:
- Timeline on ERL spinoff & special dividend
- Update on M&A strategy
- New partnerships with SSBM, MBAs & DBAs
- Appointments to the UAV Board of Advisors
- Results of the NFT coupon program
- Plans for an upstream dual listing
- Updates on ongoing legal actions
- Q&A session for shareholders
This initiative reflects Genius Group's commitment to ongoing investor relations, and they plan to make this a monthly event. Shareholder questions must be submitted in advance to ensure a comprehensive Q&A session.
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.