GNS - What's Going On With Genius Group Shares? | Benzinga
Genius Group Ltd (NASDAQ:GNS) shares are trading lower by 15.5% to $0.33 during Monday’s session after the company announced agreements for the exercise of Series 2024-C warrants to purchase up to 10,950,451 ordinary shares at $0.35 per share, potentially raising $3.8 million.
H.C. Wainwright & Co. is the exclusive placement agent. The company will issue new Series 2024-D and 2024-E warrants, both priced at $0.35 per share, with terms of five and a half years and two years, respectively. The offering, expected to close around May 22, will fund general corporate needs.
Additionally, Genius Group will amend April 2024 ...