Genius Group Limited (NYSE American: GNS) (“Genius Group” or the
“Company”), a leading entrepreneur edtech and education group,
announced their redeemable discount coupons (NFTs) are now
available for shareholders of the record date February 28, 2023 to
claim on Upstream’s trading app. Upon a successful claim,
shareholders may redeem the NFT for iGEMs on Genius Group’s Edtech
platform, GeniusU equivalent to $10 per share.
Shareholders of the record date February 28,
2023 will be able to redeem the coupon NFT and iGEMs for discounts
in courses or products. The iGEMs are for the use of each named
investor and neither the NFT coupon nor iGEMs can be transferred,
traded, or sold. Complete details on how to claim and redeem
discount coupon NFTs can be found on our Investor Relations
website.
Shareholders can claim their discount coupon NFT
by downloading Upstream from their preferred app store at
https://upstream.exchange/, tapping sign-up; and completing a
simple KYC identity verification. The email address used for KYC
identity verification on Upstream should match the email address
used to create your GeniusU account. Once KYC is approved,
shareholders can tap Investor, NFT, NFT claim, and enter the claim
code “GNSCOUPON”, then Claim.
For non-objecting shareholders of record that
currently maintain positions in brokerage accounts, their ownership
will be verified via Genius’s shareholder list. Shareholders that
are objecting may receive a request from Upstream via email to
provide a copy of their brokerage account statement for the record
date of February 28, 2023, that shows a long position of Genius
Group.
Once verified, shareholders will find their
discount coupon in their Upstream portfolio with a face value equal
to $10 per share owned, typically within 48 hours. Shareholders may
then redeem the discount coupon NFT on Upstream by tapping
Investor, NFT, NFT Redeem, and selecting the digital coupon NFT
ticker symbol “GNSDC.” Tap Redeem to receive a unique redemption
code. After completing this step, you will receive an email from
GeniusU containing your unique link to the Investor Campus. This
page will show your iGEM balance and includes all the products that
are eligible for iGEM discounts. Shareholders may claim their
discount coupon until June 15, 2023, and may redeem their claimed
coupons until September 15, 2023, at which time the discount
coupons shall expire.
“By incorporating Upstream’s Web3 digital
coupons into our strategy, we aim to provide our shareholders with
first-hand experience of our products which we hope will convert
them into proud customers and brand ambassadors, driving additional
engagement, revenue and sales to our Company.” says Genius Group
CEO, Roger Hamilton.
About Genius Group
Genius 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 a group user base of 4.3 million users in 200 countries,
ranging from ages 0 to 100.
For more information, please visit
https://www.geniusgroup.net/
About Upstream
Upstream, a MERJ Exchange Market
(merj.exchange), is a fully regulated global stock exchange for
digital securities and NFTs. Powered by Horizon's proprietary
blockchain-powered matching engine technology, the platform enables
users to trade NFTs, and invest in securities for IPOs, crowdfunded
companies, U.S. & international equities, and celebrity
ventures using the Upstream app. For more information, please visit
https://upstream.exchange/. Upstream is currently accepting
applications to dual list at
https://upstream.exchange/getlisted.
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.
NFTs received have no economic value, royalties,
equity ownership, or dividends with exception of the $10 coupon
being issued. NFTs are for utility, collection, redemption and
display only.
Upstream is a MERJ Exchange market. MERJ
Exchange is a licensed Securities Exchange, 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. It operates a fair and
transparent marketplace in line with international best practices
and principles of operations of financial markets. Upstream does
not endorse or recommend any public or private securities bought or
sold on its app. Upstream does not offer investment advice or
recommendations of any kind. All services offered by Upstream are
intended for self-directed clients who make their own investment
decisions without aid or assistance from Upstream. All customers
are subject to the rules and regulations of their jurisdiction. By
accessing the site or app, you agreed to be bound by its terms of
use and privacy policy. 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.
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.
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.
Contacts
Investors: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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