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0 0.0103061533798121 0.00997271900575937 0.0333131251894513 0.0318278266141255 0.0453167626553502 0.0515307668990604 0.0524401333737497
Stock impact report

Genius Group Announces Closing of $8,000,000 Registered Direct Offering

Genius Group Limited Ordinary Shares (GNS) 
Company Research Source: GlobeNewswire
SINGAPORE, April 16, 2026 (GLOBE NEWSWIRE) -- Genius Group Limited (NYSE American: GNS) ("Genius Group" or the "Company"), a leading AI-powered education group, today announced the closing of its previously announced registered direct offering (the "Offering") of 21,621,621 ordinary shares (or pre-funded warrants in lieu thereof) at a public offering price of $0.37 per share. The Company received aggregate gross proceeds of $8,000,000 from the Offering, before deducting placement agent fees and other related expenses. D. Boral Capital LLC acted as the exclusive placement agent for the Offering. The Company is using $5,500,000 of the net proceeds from the Offering to fund the acquisition of a Senior Secured Convertible Promissory Note that is being immediately converted into 9.9% of the equity of Jewel Financial Limited, the sole shareholder of Jewel Bancorp Limited, Bermuda’s only dual-licensed digital bank, progressing its previously announced GENIUS Act plans of becoming a Permi Show less Read more
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