Genius Group Limited - GNS STOCK NEWS

Genius Group (NYSE American: GNS) held an Extraordinary General Meeting on February 16, 2023, where shareholders approved two key resolutions. The Board is authorized to execute a share repurchase mandate and a share consolidation within the next 12 months. CEO Roger Hamilton expressed gratitude for the shareholders' empowerment, emphasizing that these measures aim to protect and enhance shareholder value. The Company, an innovator in entrepreneurial education, serves a user base of 4.3 million globally. No specific timeline for implementing these resolutions has been set as they plan to monitor the market closely.

Genius Group Limited (NYSE American: GNS) launched its Lifelong Learning Prospectus and full 2023 Entrepreneur Curriculum at a Virtual Investor Meeting on February 15, 2023. The initiative targets a wide range of learners, offering personalized pathways across four campuses: School, University, Entrepreneur, and Investor. Notable features include programs for young children and certification courses for educators. The official launch is set for the Lifelong Learning Summit on March 2-3, 2023, with 20,000 attendees expected. CEO Roger Hamilton emphasized the company's mission to prepare students for the 21st century, boasting a user base of 4.3 million globally.

Genius Group Limited (NYSE American: GNS) announced key shareholder actions on February 13, 2023. A Virtual Investor Meeting is scheduled for February 15 at 4:15 PM EST, led by CEO Roger Hamilton, to discuss the company's curriculum, Metaversity & A.I. plans, and details on redeeming $10 per share NFT coupons. An Extraordinary General Meeting (EGM) will take place on February 16 to vote on a share repurchase mandate and consolidation. Shareholders will receive $10 NFT coupons based on shares held, with a record date set for February 28 and an issue date of March 15. The company plans a spinoff of Entrepreneur Resorts Ltd around Q2 2023.

Genius Group Limited (NYSE American: GNS) has cancelled its agreement for a $7.5 million at-the-market financing transaction with Global Corporate Finance. Initially announced on January 9, 2023, the decision follows the 30-day period during which a definitive agreement was not signed. CEO Roger James Hamilton stated that the financing was deemed unsuitable for the company's growth strategy at this time. Genius Group focuses on combined organic and acquisition-driven growth, aiming to enhance shareholder value.

Genius Group Limited (GNS) has launched its Genius AI Educator Suite, integrating OpenAI's GPT-3 and GPT-4 with Salesforce's Einstein AI. This new suite aims to enable 12,500 partners to create personalized learning experiences for students on the GeniusU platform. Key features include custom paths based on assessments, up-to-date curriculum development, and personalized AI support for students. The official launch will occur at the Lifelong Learning Summit on March 2-3, 2023, with a preview at an investor meeting on February 15, 2023. This initiative reflects the company’s commitment to revolutionizing education through AI.

Genius Group Limited (NYSE American: GNS) will host a virtual investor meeting on February 15, 2023, at 4:15 p.m. EST. CEO Roger Hamilton will provide insights into the company's curriculum, Metaversity and AI development plan, and details of the spin-off of Entrepreneur Resorts Ltd. Additionally, the meeting will address the recent dual listing on the Upstream Exchange and how shareholders can redeem their $10 per share NFT coupons. The company emphasizes its commitment to continuous investor communication, planning to hold these meetings monthly. Questions from shareholders must be submitted in advance to ensure thorough answers.

Genius Group Limited (NYSE American: GNS) has announced a plan to reward shareholders with a $10 Blockchain-based NFT coupon per share. This initiative aims to prevent illegal trading and enhance shareholder engagement through a dual listing on Upstream. The company expects to complete this listing by February 28, 2023, allowing shareholders to receive NFT coupons via the Upstream app. These coupons can be redeemed for Genius Education Merits (GEMs), usable toward educational courses. This reward system highlights the company's commitment to its investors, merging traditional equity with innovative digital assets.

Genius Group Limited (NYSE American: GNS) announced a spinoff plan for its subsidiary Entrepreneur Resorts Ltd to enhance shareholder value. The company, listed on the Seychelles MERJ Stock Exchange with a share price of $2.75 and a market cap of $37 million, is 97% owned by Genius Group. The spinoff aims to separate the Company’s Edtech focus from its hospitality services, allowing both entities to grow independently. The restructuring will require shareholder approval and could potentially include a court order. Genius Group's CEO indicated plans to list Entrepreneur Resorts on a larger exchange in the future, despite current low trading liquidity.