Genius Group Announces Filing of 2021 Annual Report on Form 20-F
May 13 2022 - 4:05PM
Genius Group Limited (NYSE American: GNS) (the “Company” or “Genius
Group”), a world-leading entrepreneur Edtech and education group,
today announced the filing of its Annual Report on Form 20-F for
the fiscal year ended December 31, 2021 (the "2021 Annual
Report") with the U.S. Securities and Exchange Commission (the
"SEC").
With the filing of its 2021 Annual Report, the
Company complies with its reporting obligations with the SEC and
the New York Stock Exchange (NYSE).
The 2021 Annual Report includes the audited
consolidated financial statements of the Company in accordance with
International Financial Reporting Standards (IFRS) as adopted by
the International Accounting Standards Board and its auditors'
opinion on Genius Group's compliance with internal control over
financial reporting.
The 2021 Annual Report can be accessed by
visiting the SEC's website, www.sec.gov, and can also be found
in the "Investor Relations" section of Genius Groups' website
(https://ir.geniusgroup.net/), under the "SEC Filings" subsection.
In addition, shareholders may receive a hard copy of the 2021
Annual Report, including the audited consolidated financial
statements included in such report, free of charge, by requesting a
copy within a reasonable period of time from Genius Group’s
Investor Relations team at investor@geniusgroup.net.
About Genius GroupGenius Group
is a world-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 in today’s market. The group has over 2.7 million
students in 200 countries, ranging from ages 0 to 100. The group
includes four pre-IPO companies (the “Pre-IPO Group”), and will
include four companies intended to be acquired at the time of, or
shortly after, the closing of the company’s initial public offering
(the “IPO Acquisitions”). The acquisitions of two of these four IPO
Acquisitions, Education Angels and Property Investors Network, have
already been consummated.
The entrepreneur
education system of our Pre-IPO Group has been delivered virtually
and in-person, in multiple languages, locally and globally, mainly
via the Pre-IPO Group’s artificial intelligence (AI)-powered,
personalized GeniusU Edtech platform to adults seeking to grow
their entrepreneur and leadership skills.
The Pre-IPO Group includes Genius Group,
GeniusU, Entrepreneurs Institute and Entrepreneur Resorts. This
group of entrepreneur education companies has grown both
organically and through acquisitions, with a focus on adding value
to each company through GeniusU, which is being developed to
provide AI-driven personal recommendations and guidance for each
student. The Pre-IPO Group is now expanding its education system to
age groups beyond its current adult audience, to children and young
adults. The four IPO Acquisitions will be the first steps towards
this expansion. They include: Education Angels, which provides
early learning in New Zealand for children from 0-5 years old;
E-Square, which provides primary and secondary school education in
South Africa; University of Antelope Valley, which provides
vocational certifications and university degrees in California,
USA; and Property Investors Network, which provides property
investment courses and events in England.
Genius Group’s current plan is to combine the
education programs of the IPO Acquisitions with its current
education programs and Edtech platform as part of one lifelong
learning system, and it has selected these acquisitions because
they already share aspects of the Genius curriculum and its focus
on entrepreneur education.
Forward-Looking Statements
This press release contains statements that
constitute “forward-looking statements,” including with respect to
the closing of the IPO Acquisitions. Forward-looking statements are
subject to numerous conditions, many of which are beyond the
control of the Company, including those set forth in the “Risk
Factors” section of the Company’s final prospectus for its initial
public offering filed with the SEC. Copies are available on the
SEC’s website, www.sec.gov. The Company undertakes no
obligation to update these statements for revisions or changes
after the date of this release, except as required by law.
Media Contacts: Sally Butler, Senior
Account Manager, Adia PR Tel: +44 7961 730303 Email:
sally@adiapr.co.uk Leila Dastyar, Account Manager,
Adia PRTel: +44 7564 334198 Email:
leila@adiapr.co.uk
Company Contact:Dave Gentry, RedChip
Companies, Inc.Phone: +1 407 4914498GNS@redchip.com
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