Leading Education Entrepreneurs join Genius Group as New Shareholders
26 April 2024 - 10:00PM
Genius Group Limited (NYSE American: GNS) (“Genius Group” or the
“Company”), a leading AI-powered education group, today welcomed
leading education entrepreneurs as new shareholders of the Company.
Genius Group’s new investors include:
Brent Richardson, Past CEO and Chairman
of Grand Canyon Education. Mr Richardson led the
transformation of Grand Canyon University from a near-bankrupt
institution in 2004 to an early pioneer in online education and a
global institution with over 100,000 students worldwide.
Dr Ali Saeed Bin Harmal Aldhaheri,
Founder and Chairman of Abu Dhabi University. Dr Ali has
built Abu Dhabi University into one of UAE’s leading academic
insititutions. He is also the First Vice Chairman of the Abu Dhabi
Chamber of Commerce Board of Directors and a member of the Economic
Cooperation Committee for Government and Private Sectors in Abu
Dhabi.
Michael Moe, Founder
and CEO of GSV Ventures. Mr Moe is an early investor in
Edtech companies including Coursera, Chegg, Course
Hero, Masterclass, and private investor in companies such as
Meta, Twitter, Spotify, Coursera and Palantir. In addition to being
a new shareholder in Genius Group, Mr Moe will also be joining the
Genius Group board as Non Executive Chairman.
Mr Richardson, Dr Ali and Mr Moe, together with
various other investors, are joining Genius Group as new
shareholders following the completion of the previously announced
Genius Group and FatBrain AI transaction.
Michael Moe said “The combination of Genius
Group and FatBrain AI comes at a pivotal time when AI is combining
with learning to create new and revolutionary education systems.
I’m extremely excited to be a part of the future growth plans of
Genius Group, both as a shareholder and as a member of its board. I
believe that the Company has a fantastic future ahead in the
ever-growing need for AI training and entrepreneur education.”
Roger Hamilton, CEO of Genius Group said
“FatBrain AI has benefited from a very special group of early
investors who have extensive experience in building cutting-edge
education companies as well as a vision for the future of AI in
education. We have been looking for shareholders who can add their
expertise and experience in addition to their investment to support
our future growth, and we’re grateful for the support and advice
we’ve already received from this incredible group of global leaders
in education.”
About Genius Group
Genius Group is a leading AI-powered education
group, with a mission to disrupt the current education model with a
student-centered, life-long learning curriculum that prepares
students with the leadership, entrepreneurial and life skills to
succeed. Through its learning platform, GeniusU, the Genius Group
has a member base of 5.4 million users in 200 countries, ranging
from early age to 100.
For more information, please visit
https://www.geniusgroup.net/
Investor Notice
Investing in our securities involves a high
degree of risk. Before making an investment decision, you should
carefully consider the risks, uncertainties and forward-looking
statements described in our most recent Annual Report on Form 20-F,
as amended for the fiscal year ended December 31, 2022, filed with
the SEC on June 6, 2023 and August 3, 2023. If any of these risks
were to occur, our business, financial condition or results of
operations would likely suffer. In that event, the value of our
securities could decline, and you could lose part or all of
your investment. The risks and uncertainties we describe are not
the only ones facing us. Additional risks not presently known to us
or that we currently deem immaterial may also impair our business
operations. In addition, our past financial performance may not be
a reliable indicator of future performance, and historical trends
should not be used to anticipate results in the future. See
"Forward-Looking Statements" below.
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.
ContactsUS Investors:Dave GentryRedChip
Companies Inc1-800-RED-CHIPGNS@redchip.com
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