Genius Group Ltd 6-K, filed Apr 20, 2022
Genius Group Ltd (GNS)
About this 6-K
Genius Group Ltd filed this 6-K on April 20, 2022.
UNITED STATES
SECURITIES AND EXCHANGECOMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATEISSUER PURSUANT TORULE 13A-16 OR 15D-16 UNDER THE SECURITIESEXCHANGE ACT OF 1934
For the month of April 2022
Commission File Number: 001-41353
Genius Group Limited
(Translation of registrant’s name into English)
8 Amoy Street, #01-01
Singapore 049950
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F x Form 40-F ¨
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ¨.
Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ¨.
Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.
INFORMATION CONTAINEDIN THIS FORM 6-K REPORT
Effective as of March 31, 2022, the board of directors (the “Board”) of Genius Group Limited (the “Company”) appointed Richard J. Berman as the Chairman of the Audit Committee.
Mr. Berman has served as a member of the Board since January 2022 and qualifies as “independent” for purposes of the rules of the Securities and Exchange Commission and the NYSE American market. Mr. Berman’s biographical information is as follows:
Richard J. Berman holds a BSc and an MBA degree from the Stern School of Business of NYU and U.S. and foreign law degrees. His business career spans over 35 years in senior management, mergers and acquisitions, and venture capital. He is a director of four public NASDAQ companies – Cryoport Inc., Comsovereign Holding Corp., BioVie Inc., and Context Therapeutics Inc., and over the last decade he has served on the board of five companies that have reached over one billion dollars in market cap – Cryoport, Advaxis, EXIDE, Internet Commerce Corp., and Ontrak (Catasys). His early career began with Goldman Sachs and thereafter he became the Senior Vice President of the Bankers Trust Company, where he started the mergers and acquisitions, and leveraged buyout departments.
On April 19, 2022, the Company issued a press release regarding the appointment of Mr. Berman. Such press release is filed as Exhibit 99.1 to this report.
EXHIBIT INDEX
Exhibit
| 99.1 | Press Release dated<br> April 19, 2022 |
|---|
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| GENIUS GROUP LIMITED | ||
|---|---|---|
| Date: April 19, 2022 | ||
| By: | /s/ Roger James Hamilton | |
| Name: | Roger James Hamilton | |
| Title: | Chief Executive Officer and Chairman<br><br> <br>(Principal Executive Officer) |
Exhibit 99.1
Genius Group Announces the Appointment of RichardBerman as Audit Committee Chair
SINGAPORE – April 19, 2022 – Genius Group, a Singapore-based public limited company, announced that its Board of Directors appointed Richard Berman as its Audit Committee Chair, as of March 31, 2022. Mr. Berman joined Genius Group’s Board of Directors in January 2022.
Mr. Berman’s business career spans over 35 years of venture capital, senior management, and merger & acquisitions experience. In the past 5 years, he has served as a director and/or officer of various public and private companies. Currently, he is a director of four public NASDAQ companies- Cryoport Inc., COMSovereign Holding Corp., BioVie Inc., and Context Therapeutics Inc. Over the last decade he has served on the board of 5 companies that have reached over one billion in market capitalization – Cryoport, Advaxis, EXIDE, Internet Commerce Corporation, and Ontrak (Catasys). Previously, Mr. Berman worked at Goldman Sachs; was Senior Vice President of Bankers Trust Company, where he started the M&A and Leveraged Buyout Departments.
Mr. Berman is a past Director of the Stern School of Business of NYU, where he obtained his B.S. and M.B.A. degrees. He also has U.S. and foreign law degrees from Boston College and the Hague Academy of International Law, respectively.
“We’re thrilled to welcome Richard to the important role of Audit Chair,” commented Roger James Hamilton, founder and CEO of Genius Group. “Following our IPO on NYSE American, having a strong team with extensive public company experience provides significant value. Richard brings a wealth of experience in this regard and is a tremendous addition to our board.”
About Genius Group
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 group has over 2.7 million students in 200 countries, ranging from ages 0 to 100. The group includes four pre-IPO companies (the “Pre-IPO Group”), and four companies acquired at the time of, or shortly after, the closing of the company’s initial public offering (the “IPO Acquisitions”).
The entrepreneur education system of our Pre-IPO Group has been delivered virtually and in-person, in multiple languages, locally and globally mainly via the Pre-IPO Group’s artificial intelligence (AI)-powered, personalized GeniusU Edtech platform to adults seeking to grow their entrepreneur and leadership skills.
The Pre-IPO Group includes Genius Group, GeniusU, Entrepreneurs Institute and Entrepreneur Resorts. This group of entrepreneur education companies has grown through organic growth and acquisitions, with a focus on adding value to each company through GeniusU, which is being developed to provide AI-driven personal recommendations and guidance for each student. The Pre-IPO Group is now expanding its education system to age groups beyond its current adult audience, to children and young adults. The four IPO Acquisitions are the first step towards this. They include: Education Angels, which provides early learning in New Zealand for children from 0-5 years old; E-Square, which provides primary and secondary school education in South Africa; University of Antelope Valley, which provides vocational certifications and university degrees in California, USA; and Property Investors Network, which provides property investment courses and events in England.
Genius Group’s current plan is to combine the education programs of the IPO Acquisitions with its current education programs and Edtech platform as part of one lifelong learning system, and it has selected these acquisitions because they already share aspects of the Genius curriculum and its focus on entrepreneur education.
Forward-Looking Statements
This press release contains statements that constitute “forward-looking statements”. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s final prospectus for its initial public offering filed with the SEC. Copies are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Company Contact:
Dave Gentry
RedChip Companies, Inc.
Phone: +1 407 4914498
GNS@redchip.com