Genius Group Limited (GNS) has released an update.
Genius Group Limited has announced a 1-for-10 reverse stock split to take effect on August 16, 2024, aimed at boosting the per-share price to satisfy NYSE minimum requirements. Shareholders will see every ten shares consolidated into one, with corresponding adjustments to equity awards and no fractional shares issued. The move, approved by stockholders and the board, will not alter the number of authorized shares or their par value.
For further insights into GNS stock, check out TipRanks’ Stock Analysis page.
