SINGAPORE, Sept. 16, 2024 — (NYSE American: GNS) (“Genius Group” or the “Company”), a leading AI-powered education group, announced today that it has cancelled its Extraordinary General Meeting scheduled for September 18, 2024.
The board of directors (the “Board” or the “Directors”) of Genius Group Limited (the “Company”) has decided to cancel the Extraordinary General Meeting (EGM) originally planned for September 18, 2024. This decision follows the company’s Notice of Extraordinary General Meeting dated August 16, 2024 (“Notice of EGM”) which convened the meeting to discuss the Proposed Share Consolidation.
After careful consideration and feedback from stakeholders, the Board has chosen to postpone the Proposed Share Consolidation.
Consequently, the Company is withdrawing its Notice of EGM. Shareholders should be aware that the EGM scheduled for September 18, 2024, has been cancelled.
Shareholders should note that any proxy forms already submitted for the EGM will be voided.
Shareholders are advised to review this announcement and any future announcements from the Company. They should consult their stockbrokers, bank managers, solicitors, or other professional advisors if they have any questions.
About Genius Group
Genius Group (NYSE: GNS) is a leading provider of AI-powered, digital-first education and acceleration solutions for the future of work. Genius Group serves 5.4 million users in over 100 countries through its Genius City model and online digital marketplace of AI training, AI tools and AI talent. It provides personalized, entrepreneurial AI pathways combining human talent with AI skills and AI solutions at the individual, enterprise and government level. To learn more, please visit .
Forward-Looking Statements
Statements made in this press release include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements can be identified by the use of words such as “may,” “will”, “plan,” “should,” “expect,” “anticipate,” “estimate,” “continue,” or comparable terminology. Such forward-looking statements are inherently subject to certain risks, trends and uncertainties, many of which the Company cannot predict with accuracy and some of which the Company might not even anticipate and involve factors that may cause actual results to differ materially from those projected or suggested. Readers are cautioned not to place undue reliance on these forward-looking statements and are advised to consider the factors listed above together with the additional factors under the heading “Risk Factors” in the Company’s Annual Reports on Form 20-F, as may be supplemented or amended by the Company’s Reports of a Foreign Private Issuer on Form 6-K. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events, new information or otherwise.
Contacts
MZ Group – MZ North America
(949) 259-4987