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The latest update is out from Genius Group Limited ( (GNS) ).
On January 29, 2025, Genius Group Limited announced an amendment to its Prospectus Supplement as part of a rights offering. The amendment details changes to the wording and terms related to subscription rights, subscription price, and share entitlements. The rights offering, which allows shareholders to purchase ordinary shares at $0.50 each, is set to raise up to $34.8 million, which the company plans to use entirely for purchasing Bitcoin for its treasury. This strategic move could potentially impact the company’s financial positioning by diversifying its asset base and aligning with broader market trends in cryptocurrency investment.
More about Genius Group Limited
Genius Group Limited operates in the education technology industry, focusing on providing innovative learning solutions and tools for educational purposes. Their market focus includes offering digital platforms and resources that cater to diverse learning needs, supporting students and educators globally.
YTD Price Performance: -20.16%
Average Trading Volume: 7,819,951
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $70.56M
For a thorough assessment of GNS stock, go to TipRanks’ Stock Analysis page.
