Genius Group (GNS) Files IPO Registration Statement

Genius Group (NYSE: GNS) files IPO registration statement.

The company describes itself as: "We believe that we are a world leading entrepreneur Edtech and education group, with approximately 2.1 million students in 200 countries, as per our pro forma numbers for our Pre-IPO Group and IPO Acquisitions as of June 30, 2021, of which 1.99 million are free students and 70,900 are paying students. Our mission is to disrupt the current education model with a student-centered, lifelong learning curriculum that prepares students with the leadership, entrepreneurial and life skills to succeed in today’s market.

Our revenue grew 106% from $4.8 million in 2018 to $9.9 million in 2019, with 15% organic growth and 91% growth from acquisition. Revenue grew by a further 144% to $24.2 million in 2020 when including our Pre-IPO Group and IPO Acquisitions. This growth consisted of 55% growth in the Pre-IPO Group from 2018 to 2020, combined with an additional 166% growth in pro forma revenue in 2020 from our four IPO Acquisitions."

ThinkEquity will serve as sole underwriter.

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