Roger Hamilton Expands Stake in Genius Group Amid Growth
CEO Roger Hamilton's Share Acquisition at Genius Group
SINGAPORE — Genius Group Limited (NYSE American: GNS), a leading AI-powered education and acceleration organization, has announced that Roger Hamilton, the Company's CEO, has successfully purchased 500,000 ordinary shares. This bold move underscores Hamilton's confidence in the company’s trajectory and its vision for the future.
Details of the Purchase
Approved by the Board on August 9, 2024, the acquisition took place at a price reflecting 105% of the closing price from the prior trading day, executed through a combination of cash and a debt conversion arrangement. Specifically, based on the last trading price noted before Hamilton’s intent notification, which fell on September 24, 2024, at $0.866, the shares were purchased at a price of $0.91 each.
Strategic Commitment to Genius Group
Roger Hamilton's latest acquisition is part of a series of financial commitments he has made to Genius Group over the last year. This includes an impressive $2.1 million which he provided through interest-free loans in late 2023, a substantial $1 million equity purchase during a funding round in January 2024, and another $330,000 in interest-free loans in July 2024.
About Genius Group
Genius Group stands out as a prominent player in AI-powered, digital-first education solutions aimed at enhancing future workforce capabilities. The company engages over 5.4 million users across more than 100 countries through its innovative Genius City model and diverse digital marketplace that features AI training, tools, and talent.
Innovative Education Solutions
The company’s approach integrates personalized and entrepreneurial pathways that blend human skills with artificial intelligence solutions. This holistic methodology is designed for individuals, corporations, and government entities, driving effective skill development in a rapidly evolving job market.
Future Aspirations of the Company
Amidst a burgeoning global demand for educational innovation, Genius Group is poised for significant growth. The investments made by Hamilton not only strengthen his position but also highlight the company’s potential to scale its educational offerings to meet the future demands of the workforce. Collaborations and partnerships are projected to enhance their capabilities further.
Connecting with Genius Group
To dive deeper into Genius Group's educational initiatives and solutions, interested parties can access their [official website](https://www.geniusgroup.net) for comprehensive information about their offerings and future developments.
Frequently Asked Questions
What was the purpose of Roger Hamilton's share acquisition?
Roger Hamilton's acquisition of shares demonstrates his commitment to Genius Group's growth and vision within the AI education sector.
How many shares did Hamilton purchase?
Hamilton purchased 500,000 ordinary shares in Genius Group.
What are Genius Group's main services?
Genius Group offers AI-powered education solutions aimed at improving workforce capabilities through personalized learning pathways.
How does Genius Group support its users globally?
Genius Group serves over 5.4 million individuals worldwide through its innovative Genius City model and digital marketplace.
What partnerships is Genius Group pursuing for future growth?
Genius Group is exploring collaborations to enhance its educational offerings and expand its global impact in digital learning.
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