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-0.136690647482014 -0.0856115107913669 -0.0661870503597121 0 0.0575539568345324 0.00719424460431655 -0.0431654676258991 0.00719424460431655
Stock impact report

Genius Group Announces Reverse Stock Split Effective on August 16, 2024

Genius Group Limited Ordinary Shares (GNS) 
Company Research Source: GlobeNewswire
SINGAPORE, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Genius Group Limited (NYSE American: GNS) (“Genius Group” or the “Company”), a leading AI-powered education group, today announced a 1-for-10 reverse stock split effective August 16, 2024, consolidating every 10 shares into 1 share. The Company's common stock will trade on a post-split basis under the same symbol 'GNS' on NYSE American. The primary goal of the reverse stock split is to increase the per share market price of the Company's ordinary shares to meet the minimum per share price requirement for continued listing on the NYSE. Shares of the Company’s common stock will be assigned a new CUSIP number (Y3005A117) and are expected to begin trading on a split-adjusted basis on Friday, August 16, 2024. The reverse stock split was approved by the Company's stockholders at its extraordinary general meeting of stockholders held on February 16, 2023. On August 5, 2024, the Company's Board of Directors approved the reverse stock split at Show less Read more
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