Genius Group Limited, an AI-powered education and acceleration group, has announced a 1-for-10 reverse stock split of its ordinary shares, approved by the Board of Directors and stockholders. The reverse stock split is scheduled to take effect at 12:01 a.m. Eastern Time on August 16, 2024, with shares trading on a split-adjusted basis on the New York Stock Exchange under the ticker symbol 'GNS' from the same day. The move aims to meet the NYSE's minimum per share price requirement for continued listing. The reverse stock split will consolidate every ten issued and outstanding ordinary shares into one share, with adjustments made to the exercise prices and number of shares underlying outstanding equity awards and shares issuable under equity incentive plans. No fractional shares will be issued; instead, they will be rounded down and returned to treasury. Stockholders do not need to take any action as adjustments will be made automatically for those holding shares electronically or through a bank, broker, or nominee.

Genius Group Limited, an AI-powered education and acceleration group, has announced a 1-for-10 reverse stock split of its ordinary shares, approved by the Board of Directors and stockholders. The reverse stock split is scheduled to take effect at 12:01 a.m. Eastern Time on August 16, 2024, with shares trading on a split-adjusted basis on the New York Stock Exchange under the ticker symbol 'GNS' from the same day. The move aims to meet the NYSE's minimum per share price requirement for continued listing. The reverse stock split will consolidate every ten issued and outstanding ordinary shares into one share, with adjustments made to the exercise prices and number of shares underlying outstanding equity awards and shares issuable under equity incentive plans. No fractional shares will be issued; instead, they will be rounded down and returned to treasury. Stockholders do not need to take any action as adjustments will be made automatically for those holding shares electronically or through a bank, broker, or nominee.