GNS

Genius Group Release Additional Details of FatBrain AI Transaction

Retrieved on: 
Monday, March 18, 2024

SINGAPORE, March 18, 2024 (GLOBE NEWSWIRE) -- Genius Group Limited (NYSE American: GNS) (“Genius Group” or the “Company”), a leading entrepreneur edtech and education group, released today additional details on their recently announced transaction to form an AI-powered Education and Acceleration group to power Sovereign AI ecosystems of tomorrow for entrepreneurs, enterprises, governments and students through AI education and enablement:

Key Points: 
  • SINGAPORE, March 18, 2024 (GLOBE NEWSWIRE) -- Genius Group Limited (NYSE American: GNS) (“Genius Group” or the “Company”), a leading entrepreneur edtech and education group, released today additional details on their recently announced transaction to form an AI-powered Education and Acceleration group to power Sovereign AI ecosystems of tomorrow for entrepreneurs, enterprises, governments and students through AI education and enablement:
    Deal Structure: The transaction was the purchase of selected FatBrain AI assets and liabilities by Genius Group in an all-share transaction, through the purchase of the stock of a FatBrain subsidiary which is held by Genius as a wholly owned subsidiary, and no merger into Genius has taken place.
  • Peter Ritz, FatBrain’s AI’s CEO, will join the Genius Group Board as Executive Director and Michael Moe, FatBrain AI’s Chairman, will join the Genius Group Board as Non-Executive Chairman.
  • Market Capitalization of FatBrain Ai and Genius Group: Based on our 2023 guidance revenue and post-deal ownership splits of FatBrain AI and Genius Group, together with Genius Group/’s $0.29 per ordinary share closing day price on Wed 13 Mar, 2024 – the closing date of the transaction, this delivers a price / revenue multiple for FatBrain AI’s once their shares are converted to Genius Group’s of approximately a 0.4x price / trailing revenue multiple.
  • This gives our publicly traded Edtech peers a range of price / revenue multiples between four times and twenty-seven times Genius Group.

ENT Laser Devices Market to grow by USD 119.6 million from 2022 to 2027; North America to account for 40% of market growth - Technavio

Retrieved on: 
Thursday, November 23, 2023

NEW YORK, Nov. 23, 2023 /PRNewswire/ -- The ENT laser devices market is expected to grow by USD 119.6 million from 2022 to 2027.

Key Points: 
  • NEW YORK, Nov. 23, 2023 /PRNewswire/ -- The ENT laser devices market is expected to grow by USD 119.6 million from 2022 to 2027.
  • The ENT devices market is estimated to grow by USD 8.83 billion at a CAGR of 6.34% between 2022 and 2027.
  • Detailed information on factors that will drive the growth of the ENT laser devices market between 2022 and 2027.
  • Growth of the ENT laser devices market across North America, Europe, Asia, and ROW
    Comprehensive analysis of factors that will challenge the growth of ENT laser devices market companies.

Garmin co-founders selected to join National Aviation Hall of Fame

Retrieved on: 
Thursday, October 19, 2023

OLATHE, Kan., Oct. 19, 2023 /PRNewswire/ -- Garmin (NYSE: GRMN) today announced that co-founders Dr. Min Kao and the late Gary Burrell have been named to the prestigious National Aviation Hall of Fame (NAHF). The annual awards ceremony recognizes a select group of air and space pioneers for their lifetime achievements and contributions to the aviation and aerospace industry. Class of 2024 enshrinees were chosen by a voting body comprised of over 130 aviation professionals nationwide for induction into the Congressionally chartered NAHF.

Key Points: 
  • OLATHE, Kan., Oct. 19, 2023 /PRNewswire/ -- Garmin (NYSE: GRMN) today announced that co-founders Dr. Min Kao and the late Gary Burrell have been named to the prestigious National Aviation Hall of Fame (NAHF).
  • Class of 2024 enshrinees were chosen by a voting body comprised of over 130 aviation professionals nationwide for induction into the Congressionally chartered NAHF.
  • They pioneered numerous award-winning products that brought disruptive innovation to the aviation industry.
  • A leading provider of solutions to general aviation, business aviation, rotorcraft, advanced air mobility, government and defense, and commercial air carrier customers, Garmin believes every day is an opportunity to innovate.

Genius Group Announces 120.76% Revenue Growth for First Half of 2023

Retrieved on: 
Friday, September 29, 2023

SINGAPORE, Sept. 29, 2023 (GLOBE NEWSWIRE) -- Genius Group Limited (NYSE American: GNS) (“Genius Group” or the “Company”), a leading entrepreneur edtech and education group, today announced its financial results for the first half of 2023.

Key Points: 
  • SINGAPORE, Sept. 29, 2023 (GLOBE NEWSWIRE) -- Genius Group Limited (NYSE American: GNS) (“Genius Group” or the “Company”), a leading entrepreneur edtech and education group, today announced its financial results for the first half of 2023.
  • “We are extremely pleased with the revenue growth we have achieved in the first six months of 2023, and anticipate reporting even stronger numbers for the second half of the year.
  • We believe that the revenue growth we have experienced exceeds the industry as a whole, and underlines the demand for our unique entrepreneur curriculum and the strength of our Edtech business model.” said Roger Hamilton, CEO of Genius Group.
  • Webcast: Click on this link or go to the Investor Relations section of the Genius Group website to listen and view the slides.

Aitia Appoints Drug R&D Executive Jean-Michel Gries as President & Chief Operating Officer

Retrieved on: 
Tuesday, September 19, 2023

SOMERVILLE, Mass., Sept. 19, 2023 /PRNewswire/ -- Aitia, the leader in the development and application of Causal AI and Digital Twins to discover and develop new drugs, today announced the appointment of Dr. Jean-Michel Gries as President & Chief Operating Officer.

Key Points: 
  • SOMERVILLE, Mass., Sept. 19, 2023 /PRNewswire/ -- Aitia, the leader in the development and application of Causal AI and Digital Twins to discover and develop new drugs, today announced the appointment of Dr. Jean-Michel Gries as President & Chief Operating Officer.
  • Jean-Michel is an accomplished senior life science executive with a track record of innovative drug discovery, translational medicine, and clinical development, combining the science and business of drug development.
  • He comes with a wealth of unique experience in drug R&D from big pharma, CROs, and small biotechs.
  • "I look forward to bringing my expertise and working alongside Colin and the teams towards revolutionizing drug discovery and development and ultimately improving the lives of patients."

GNS Experiences Growth and Success Following its Acquisition by ARG

Retrieved on: 
Monday, July 31, 2023

With the support of ARG's consulting methodology tools and resources, GNS can elevate the customer experience and assist with new product sets,” said Steve Kopp, EVP at ARG.

Key Points: 
  • With the support of ARG's consulting methodology tools and resources, GNS can elevate the customer experience and assist with new product sets,” said Steve Kopp, EVP at ARG.
  • “By seamlessly integrating the ARG playbook, GNS can successfully showcase the vast opportunities available to customers as they progress toward advanced cybersecurity, managed IT, and next-generation technology solutions.
  • By teaming with ARG, GNS has also been able to amplify our client-first approach.
  • The vast carrier relationships and product sets in the ARG portfolio allow GNS to assist clients in selecting the best solution tailored to their specific needs.

Fluid Quip Technologies Announces Start-Up of Low Energy, High Quality Alcohol Systems at Three Rivers Energy Ohio Location

Retrieved on: 
Monday, June 12, 2023

Fluid Quip Technologies (FQT), a global leader in advanced technologies for the biofuels and biochemical industries, announced the successful start-up of their cutting-edge LED (Low Energy Distillation) and GNS (Grain Neutral Spirits) technologies at the Three Rivers Energy facility in Coshocton, Ohio.

Key Points: 
  • Fluid Quip Technologies (FQT), a global leader in advanced technologies for the biofuels and biochemical industries, announced the successful start-up of their cutting-edge LED (Low Energy Distillation) and GNS (Grain Neutral Spirits) technologies at the Three Rivers Energy facility in Coshocton, Ohio.
  • The technology can be integrated into current alcohol systems to achieve a more sustainable production model, a lower carbon footprint and enhanced profitability.
  • Complementing the LED system, FQT’s GNS technology provides a unique approach to optimizing high purity beverage grade alcohol production.
  • “The successful startup of our LED and GNS technologies at the Three Rivers Energy facility marks a pivotal moment for Fluid Quip Technologies and the biofuels industry as a whole," said Neal Jakel, President of Fluid Quip Technologies.

Genius Group Commences Trading on Upstream Under the Ticker Symbol GNS

Retrieved on: 
Thursday, April 6, 2023

SINGAPORE, April 06, 2023 (GLOBE NEWSWIRE) -- Genius Group Limited (NYSE American: GNS) (“Genius Group” or the “Company”), a leading entrepreneur edtech and education group, will become available today at 10:00am EST under the ticker symbol GNS on Upstream, the revolutionary trading app for digital securities and NFTs powered by Horizon Fintex (“Horizon”) and MERJ Exchange Limited (“MERJ”).

Key Points: 
  • SINGAPORE, April 06, 2023 (GLOBE NEWSWIRE) -- Genius Group Limited (NYSE American: GNS) (“Genius Group” or the “Company”), a leading entrepreneur edtech and education group, will become available today at 10:00am EST under the ticker symbol GNS on Upstream, the revolutionary trading app for digital securities and NFTs powered by Horizon Fintex (“Horizon”) and MERJ Exchange Limited (“MERJ”).
  • Genius Group’s free digital collectible NFT commemorating the dual listing is now available for all Upstream participants to claim with the claim code “GNS”.
  • * Trading of GNS will commence when an existing shareholder places an offer for sale on Upstream establishing the first trade.
  • Shareholders will receive a push notification once the shares are deposited and available for trading on Upstream.

Bitget Offers Index Futures with Aggregated Market Indicators

Retrieved on: 
Thursday, March 30, 2023

The new product is designed to attract investors seeking relatively low-risk yield-earning instruments based on aggregated market indicators.

Key Points: 
  • The new product is designed to attract investors seeking relatively low-risk yield-earning instruments based on aggregated market indicators.
  • The benefit offered by the Bitget index futures service lies in that the indices can closely track the changes in market conditions and help investors receive average market returns, also known as the beta return.
  • Bitget index futures allow investors to build portfolios consisting of multiple currencies, thus negating the impact of sudden market changes and reducing unsystematic risks in investment.
  • Lastly, index futures give the benefit of expanding investment horizons across multiple market assets by aggregating market performance data, thus opening up new investment opportunities.

Genius Group Approved to Dual List on Upstream

Retrieved on: 
Thursday, March 30, 2023

SINGAPORE, March 30, 2023 (GLOBE NEWSWIRE) -- Genius Group Limited (NYSE American: GNS) (“Genius Group” or the “Company”), a leading entrepreneur edtech and education group, today announced its approval to dual list its shares on Upstream, the revolutionary trading app for digital securities and NFTs powered by Horizon Fintex (“Horizon”) and MERJ Exchange Limited (“MERJ”).

Key Points: 
  • SINGAPORE, March 30, 2023 (GLOBE NEWSWIRE) -- Genius Group Limited (NYSE American: GNS) (“Genius Group” or the “Company”), a leading entrepreneur edtech and education group, today announced its approval to dual list its shares on Upstream, the revolutionary trading app for digital securities and NFTs powered by Horizon Fintex (“Horizon”) and MERJ Exchange Limited (“MERJ”).
  • The dual listing on Upstream is designed to provide Genius Group the opportunity to access a global, digital-first investor base that can trade using USDC digital currency along with credit, debit, PayPal, and USD, unlocking liquidity and enhancing price discovery while globalizing the opportunity to invest in Genius Group.
  • Details on the Genius Group listing, how shareholders can deposit shares and trade on Upstream, and how to claim the free commemorative NFT can be found on Genius Group’s Investor Relations website .
  • On listing day, Upstream participants will be eligible to claim a free digital collectible (NFT) memorializing the dual listing on Upstream.