US Investors May Now Have Trading Access for Genius Group Shares on Upstream through US Broker Dealer
May 26 2023 - 5:00PM
Genius Group Limited (NYSE American: GNS) (“Genius Group” or the
“Company”), a leading entrepreneur edtech and education group,
today announced that certain U.S.-based Genius Group shareholders
may be able to trade on Upstream, the trading app for digital
securities powered by Horizon Fintex (“Horizon”) and MERJ Exchange
Limited (“MERJ”).
This is being made possible as MERJ Exchange
recently signed an agreement with Boustead Securities, a
full-service investment banking firm and licensed FINRA member, to
permit certain investors access to Upstream.
U.S. investors that wish to trade securities on
Upstream may now register with Boustead Securities
at https://www.boustead1828.com/upstream. After registering
with Boustead, U.S. investors will receive instructions from
Boustead on how access Upstream.
Roger Hamilton, CEO of Genius Group, commented:
“The agreement between Boustead Securities and MERJ is a novel step
forward for the financial industry and should allow certain of our
shareholders to trade on Upstream.”
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 in today’s market. The
group has a group user base of 4.3 million students and users in
200 countries, ranging from ages 0 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
for the fiscal year ended December 31, 2021, filed with the
SEC on May 13, 2022. 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. Additionally, there is no guarantee that a
shareholder will qualify for use of the Upstream app or that their
shares will qualify for trading on Upstream. Shareholders should
follow the advice of their advisors, and nothing contained in this
press release constitutes investment or legal advice as to the
availability of Upstream to any shareholder or for any other
reason.
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.
About Upstream
Upstream, a MERJ Exchange Market
(merj.exchange), is a fully regulated global stock exchange for
digital securities. Powered by Horizon's proprietary
blockchain-powered matching engine technology, the platform enables
users to trade in certain securities using the Upstream app. For
more information, please visit https://upstream.exchange/.
Disclaimers
This press release shall not constitute an offer
to sell securities or the solicitation of an offer to buy
securities in any jurisdiction where such offer or solicitation is
not permitted. U.S. investors are not currently permitted to trade
in Upstream listed securities and may only do after being
introduced by a licensed broker dealer. Upstream is a MERJ Exchange
market. MERJ Exchange is a securities exchange licensed and
regulated by the Financial Services Authority Seychelles, an
associate member of the International Association of Securities
Commissions (IOSCO). MERJ Exchange is an affiliate of the
World Federation of Exchanges, and a full member of ANNA. MERJ
supports global issuers of traditional and digital securities
through the entire asset life cycle from issuance to trading,
clearing, settlement, and registry. Boustead Securities, LLC does
not endorse or recommend any public or private securities bought or
sold on Upstream. Boustead Securities, LLC does not offer
investment advice or recommendations of any kind. All services
offered on Upstream are intended for self-directed clients who make
their own investment decisions without aid or assistance from
Boustead Securities, LLC or Upstream. All customers are subject to
the rules and regulations of their jurisdiction. Company and
security listings on Upstream are only suitable for investors who
are familiar with and willing to accept the high risk associated
with speculative investments, often in early and development stage
companies. There can be no assurance the valuation of any
particular company’s securities is accurate or in agreement with
the market or industry comparative valuations. Investors must be
able to afford market volatility and afford the loss of their
investment. Companies listed on Upstream are subject to significant
ongoing corporate obligations including, but not limited to
disclosure, filings, and notification requirements, as well as
compliance with applicable quantitative and qualitative listing
standards. Investors are encouraged to take note that, as in all
dual listed securities that are traded on multiple marketplaces,
there may be differences in pricing as a result of different
liquidity, price discovery and other factors. Trading dual listed
securities across multiple exchanges may expose investors to
various risks, including differences in trading hours, settlement,
trading rules and regulations. Investors who are considering
trading our dual listed shares Upstream should carefully evaluate
these and other risks and consult with financial and legal advisors
before making any investment decisions. They should also be aware
of any fees, taxes, or other costs associated with trading on
Upstream.
ContactsInvestors:Flora Hewitt, Vice President
of Investor Relations and Mergers and AcquisitionsEmail:
investor@geniusgroup.net
Media Contacts: Adia PREmail: gns@adiapr.co.uk
US Investors:Dave GentryRedChip Companies
Inc1-800-RED-CHIPGNS@redchip.com
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