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You never know bro, keep an eye, every time it dips to 1.29-1.31 it bounces back hard with millions of dollars in volume to 1.48 to 1.54, past few trading days
That tells me stop loss hunting then let it rip, dump it a few times until buyers take it up to the next level and trade on higher lows... but early investors have the shot at profiting on the way up to 3 - 10$ and if any updates follow on settlements in court or, court preceding, or more bitcoin purchases or revenue etc, this will go to $10 just as easier, the lawsuits are what will BURST it through $5 to 20 or 40 more easily because those suits are hugge 1.2 to 1.5 Billion, so any settlement in the 100s of millions takes it sky high...
Your choice of your risk appetite i guess, but don't lose sight of it, the last time we all got to eat on a similar play was 2021 lol... the rest are purre luck and timing, or just 20-40% swings....
GNS built strong up from .21 to 1.54... So i think it will do just as strongly through $3 & maybe up to $5 with a few 50 - 100 million volume days when we finally get that.
And with 21000+ watchers on Stockwits, that tells me the following is growing fast
Good luck to you as well, Happy Independence Day
Any word when ELR divis will be made into GNS shares?
Lol .I grabbed .26s then averaged up to .37s.... then .64s... then .80 lol 🤣 😆... Doing NICE... first banger for me since 2021... well other than TRILLER in April... which, by the way also looks like it's about to pop again
For new Strategies... To prepare this stock to reach new heights
Lol... Saying you Backstabbed yourself waiting for .70s.... Now you'll have to move on buy 1.30 to 1.40s....
But this morning, it may break $1.50s and test 1.60s to 1.70s... if there's news again then $2+ EASY MONEY
waiting for $0.70's - Good luck
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SINGAPORE, Jan. 12, 2024 (GLOBE NEWSWIRE) -- Genius Group Limited (NYSE American: GNS) (“Genius Group” or the “Company”), a leading entrepreneur edtech and education group, today announced the pricing of a public offering of 23,571,429 of the Company’s ordinary shares (or pre-funded warrants in lieu thereof), Series 2024-A warrants (“Series 2024-A Warrants”) to purchase up to 23,571,429 of the Company’s ordinary shares and Series 2024-C warrants (“Series 2024-C Warrants”) to purchase up to 23,571,429 of the Company’s ordinary shares, at a combined offering price of $0.35 per ordinary share (or per pre-funded warrant in lieu thereof) and associated warrants. The Series 2024-A Warrants will have an exercise price of $0.35 per ordinary share and will be immediately exercisable upon issuance for a period of five years following the date of issuance. The Series 2024-C Warrants will have an exercise price of $0.35 per ordinary share and will be immediately exercisable upon issuance for a period of 18 months following the date of issuance. The closing of the offering is expected to occur on or about January 17, 2024, subject to the satisfaction of customary closing conditions.
H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering.
The gross proceeds to the Company from the offering are expected to be approximately $8.25 million, before deducting the placement agent’s fees and other offering expenses payable by the Company. Mr. Roger Hamilton, our chief executive officer and chairman of the board of directors, has agreed to convert approximately $1 million of his outstanding loan to the Company into the securities being offered in the public offering at the same terms and conditions, which amount included in the gross proceeds from the offering. The Company intends to use the net proceeds from the offering for general corporate purposes, including working capital, operating expenses, debt repayment and to support acquisitions.
The securities described above are being offered pursuant to a registration statement on Form F-1 (File No. 333-273841) originally filed with the Securities and Exchange Commission (“SEC”) on August 9, 2023, as amended, and declared effective by the SEC on January 11, 2024. The offering is being made only by means of a prospectus, which forms a part of the effective registration statement. When available, electronic copies of the final prospectus may be obtained for free on the SEC’s website located at http://www.sec.gov and may also be obtained, when available, by contacting H.C. Wainwright & Co., LLC at 430 Park Avenue, 3rd Floor, New York, NY 10022, by phone at (212) 856-5711 or e-mail at placements@hcwco.com.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.
About Genius Group
Genius Group is a leading entrepreneur edtech and 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/
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, including market and other conditions, 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. Forward-looking statements in this press release include, without limitation, statements pertaining to the completion of the offering, the satisfaction of customary closing conditions related to the offering and the intended use of proceeds from the offering. 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 and the registration statement. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events, new information or otherwise, except as required by law.
Contacts
Investors:
Dave Gentry
RedChip Companies Inc
1-800-RED-CHIP
GNS@redchip.com
AI
