Genius Group Enters into a Securities Purchase Agreement for US$18.13 Million Private Placement August 25, 2022 07:00 AM Eastern Daylight TimeGenius Group LTD • August 26th, 2022 • Services-educational services
Company FiledAugust 26th, 2022 IndustrySINGAPORE--(BUSINESS WIRE)--Genius Group Limited (“Genius Group” or the “Company”) (NYSE American: GNS), a world-leading entrepreneur Edtech and education group, has entered into a Securities Purchase Agreement (the “Purchase Agreement”) for the sale of US$18.13 million principal amount of Senior Secured Convertible Notes (the Notes”) in a private placement with an institutional investor (the “Purchaser”) for a purchase price of US$17 million (the “Purchase Price”). The closing of the sale of the Note is subject to certain customary closing conditions and is expected to occur on or about August 26, 2022.
Genius Group Enters into a Securities Purchase Agreement for US$18.13 Million Private PlacementAugust 25th, 2022
FiledAugust 25th, 2022SINGAPORE--(BUSINESS WIRE)-- Genius Group Limited (“Genius Group” or the “Company”) (NYSE American: GNS), a world-leading entrepreneur Edtech and education group, has entered into a Securities Purchase Agreement (the “Purchase Agreement”) for the sale of US$18.13 million principal amount of Senior Secured Convertible Notes (the Notes”) in a private placement with an institutional investor (the “Purchaser”) for a purchase price of US$17 million (the “Purchase Price”). The closing of the sale of the Note is subject to certain customary closing conditions and is expected to occur on or about August 26, 2022.