Genius Group Cancels US$7.5 Million ATM Financing Agreement

February 10, 2023

https://www.globenewswire.com/news-release/2023/02/10/2605825/0/en/Genius-Group-Cancels-US-7-5-Million-ATM-Financing-Agreement.html

SINGAPORE, Feb. 10, 2023 (GLOBE NEWSWIRE) — Genius Group Limited (NYSE American: GNS) (“Genius Group” or the “Company”), a leading entrepreneur edtech and education group, has cancelled the agreement for its previously announced at-the-market financing transaction (the “ATM Financing Commitment) with Global Corporate Finance (the “Purchaser”) for up to US$7.5 million of financing. On January 9, 2023, the Company signed a non-binding term sheet for the ATM Financing Commitment with the purchaser.

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