Genius Group’s Founder to Purchase up to 10 Million Shares
DENVER, Colo., Aug 12, 2024 (247marketnews.com)- Genius Group Limited (NYSE: GNS) stated that its Founder & CEO, Roger James Hamilton, will purchase of up to 10 million ordinary shares of the Company’s stock.
The shares are to be purchased at 105% of the prior trading day’s closing price, in a combination of cash and conversion of debt due from the Company, and may be executed over one or more tranches as approved by the NYSE.
Hamilton, stated, “I founded this company to make a positive impact to humanity through AI powered education. Now that the AI Revolution is fully underway, I believe Genius Group has an extremely bright future as a potential leader in its field.
“I proposed this additional share purchase to the board to illustrate my ongoing commitment and confidence in Genius Group as its Founder and CEO. I’m grateful that they have approved it, and I look forward to continuing on our growth journey together.”
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