BRIEF-Genius Group Acquires Entrepreneur Resorts, Expands Genius City Model With 50% Increase In 2025 Revenue Guidance

Reuters
Jun 10
BRIEF-Genius Group Acquires Entrepreneur Resorts, Expands Genius City Model With 50% Increase In 2025 Revenue Guidance

June 10 (Reuters) - Genius Group Ltd GNS.A:

  • GENIUS GROUP ACQUIRES ENTREPRENEUR RESORTS, EXPANDS GENIUS CITY MODEL WITH 50% INCREASE IN 2025 REVENUE GUIDANCE

  • GENIUS GROUP LTD - ASSET PURCHASE VALUED AT $21.5 MILLION IN SHARES

  • GENIUS GROUP LTD - ASSET PURCHASE IS ALL-SHARE TRANSACTION, IN WHICH CO WILL PAY ERL 50 MILLION SHARES OF CO

  • GENIUS GROUP LTD - ERL SHAREHOLDERS TO RECEIVE 3 GNS SHARES FOR EACH ERL SHARE

Source text: ID:nGNX5vckbR

Further company coverage: GNS.A

((Reuters.Briefs@thomsonreuters.com;))

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