Genius Group Limited - GNS STOCK NEWS

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.

Genius Group Limited (NYSE American: GNS) filed a lawsuit on February 27, 2023, against Alto Opportunity Master Fund and Ayrton Capital, challenging a financing agreement concerning an $18 million loan. The lawsuit aims to rescind the agreement allowing conversion into 49 million shares valued at approximately $200 million. The company seeks to protect shareholder equity and aims to combat toxic lending practices, as noted by CEO Roger Hamilton. Legal representation includes Warshaw Burstein LLP and Christian Levine Law Group, experienced in stock manipulation cases. The group serves 4.3 million users globally, focusing on innovative education.

Genius Group Limited (GNS) has launched the California Business School at its subsidiary, the University of Antelope Valley (UAV). This new business school will offer MBA programs and access to a Global Entrepreneur Program featuring renowned New York Times Bestselling Authors in various fields. The school aims to enhance digital education through Genius Group's proprietary Edtech platform. Notably, students completing the program will earn both an MBA and an Entrepreneur Certificate from Genius University. The official launch is on March 6, 2023, with enrollment already open.

Genius Group Limited (GNS) has announced key dates for shareholders to redeem a $10 NFT coupon per ordinary share. The Record Date is February 28, 2023, while the Issue Date is set for March 15, 2023, pending dual listing approval. Shareholders have three months to claim their NFT and six months to convert it into Genius Education Merits (GEMs). The coupons aim to provide discounts on educational products and facilitate connections through GeniusU, enhancing shareholder engagement. Additional details will be shared leading up to the Issue Date.

Genius Group Limited (NYSE American: GNS) has initiated legal action against illegal trading activities affecting its shares. The company has engaged Christian Levine Law Group and Warshaw Burstein to investigate potential stock fraud and manipulation. Following thorough analysis by its Illegal Trading Task Force, legal actions will be pursued to seek recovery of damages incurred. CEO Roger Hamilton emphasized the company’s commitment to protecting shareholders and minimizing the adverse impacts of illegal trading. Genius Group, a prominent entrepreneur edtech firm, serves 4.3 million users globally.

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.