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Genius Group | F-3: Registration statement for specified transactions by certain foreign private issuers

SEC ·  Jun 29 05:17
Summary by Futu AI
Genius Group Limited, a leading entrepreneur Edtech and education group, has announced an at-the-market offering agreement with H.C. Wainwright & Co., LLC, dated June 28, 2024. Under the agreement, Genius Group may offer and sell up to $150 million of its ordinary shares. The sales will be made at market prices and may be conducted on The NYSE American, where Genius Group's shares are listed under the symbol 'GNS'. The proceeds from the offering are intended for general corporate purposes, including strategic acquisitions, joint ventures, expansion of existing assets, and repayment of debt. The offering is subject to market conditions, and the number of shares sold will depend on a variety of factors. Genius Group has granted H.C. Wainwright a commission of 3.0% of the gross proceeds from each sale of ordinary shares.
Genius Group Limited, a leading entrepreneur Edtech and education group, has announced an at-the-market offering agreement with H.C. Wainwright & Co., LLC, dated June 28, 2024. Under the agreement, Genius Group may offer and sell up to $150 million of its ordinary shares. The sales will be made at market prices and may be conducted on The NYSE American, where Genius Group's shares are listed under the symbol 'GNS'. The proceeds from the offering are intended for general corporate purposes, including strategic acquisitions, joint ventures, expansion of existing assets, and repayment of debt. The offering is subject to market conditions, and the number of shares sold will depend on a variety of factors. Genius Group has granted H.C. Wainwright a commission of 3.0% of the gross proceeds from each sale of ordinary shares.

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