Summary by Futu AI
Genius Group Limited, a Singapore-based company, has filed a Registration Statement on Form S-8 with the Securities and Exchange Commission (SEC) on August 29, 2024. The filing is to register an additional 3,000,000 shares of the company's common stock, which are to be issued under the Genius Group Limited Employee Share Scheme 2024. This incentive plan is designed to provide shares to employees, officers, and directors as compensation and to serve as potential incentives for retention. The shares may be distributed to both affiliates and non-affiliates and include 'control securities' that have been or will be issued. The company has identified itself as a non-accelerated filer, a smaller reporting company, and an emerging growth company. The registration statement includes forward-looking statements and incorporates by reference the company's previous filings with the SEC, including its Annual Report on Form 20-F filed on May 15, 2024. Genius Group's principal executive offices are located in Singapore, and the company is listed on the NYSE American under the ticker symbol GNS.