Genius Group’s $22.5 Million Initial Public Offering

Sichenzia Ross Ference LLP represented Boustead Securities LLC in the Underwritten Public Offering for Genius Group Limited, assisted by Allen & Gledhill.

Genius Group Limited announced the closing of its initial public offering of 3,763,636 ordinary shares, including 490,909 ordinary shares issued pursuant to the full exercise by the underwriter of its over-allotment option, at a price of $6.00 per share (the “Offering”) resulting in $22,581,816 of gross proceeds to the Company, prior to deducting underwriting discounts, commissions and other expenses. All of the ordinary shares were offered by Genius Group.

The Company listed its ordinary shares on the NYSE American, effective April 12, 2022, under the symbol “GNS.”

Boustead Securities, LLC acted as the sole underwriter for the firm commitment Offering.

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 Sichenzia Ross Ference LLP team was led by Senior Partner Benjamin Tan (Picture).

The Allen & Gledhill team was led by Partner Leonard Ching. 

Involved fees earner: Leonard Ching – Allen & Gledhill LLP; Benjamin Tan – Sichenzia Ross Ference;

Law Firms: Allen & Gledhill LLP; Sichenzia Ross Ference;

Clients: Boustead Securities LLC; Genius Group Limited;