Genius announced the completion of Share Purchase and Joint Venture Agreements with Nuanu Creative City at a combined $14 million valuation and $7.1 million purchase price, launching Genius School and Genius City in Bali. As a result the Company has acquired a 51% ownership stake in both projects. The Company anticipates annual revenue from the two projects to exceed $20 million, and annual profit from the two projects to reach $6 million, both within four years. The two agreements for the two projects were signed and the transactions consummated on November 5, 2025 after all closing conditions were met. The completion of the agreements paves the way for Genius Group (GNS) to launch its ‘Genius City’ model, designed as a post-Singularity learning community based on the ‘ABC’s of the future: AI, Bitcoin, and Community.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GNS:
- Genius Group offers shareholders 10c per share bitcoin loyalty patment
- Genius Group Repurchases Warrants, Releases Liens
- Genius Group is the Title Sponsor of Coindesk’s Bitcoin Treasury Month
- Genius Group CEO Roger Hamilton buys additional 200,000 shares
- Genius Group Updates on Legal Case Against Alleged Market Manipulation