Genius Group reaffirms FY25 revenue view $15M-$18M

Genius Group (GNS) announced the completion of the binding Asset Purchase Agreement signed with Entrepreneur Resorts Ltd and announced on June 10, 2025, for the purchase and re-integration of ERL’s entrepreneur cafes and resorts into Genius Group, expanding its Genius City model. The Company received notice from ERL of the ERL shareholder vote results at its Extraordinary General Meeting held on July 30, 2025, received 5.78 million votes in favor of the APA, accounting for 99.97% of votes in favor of the APA, and to approve the rebranding of ERL to “Genius Resorts”. This was the final condition within the conditional closing in order to consummate the acquisition, and the 50 million shares of the Company currently held in escrow will now be transferred to ERL in a private placement transaction under Section 4(a)(2) of the Securities Act of 1933, restricted for six months prior to distribution to ERL shareholders at the previously stated three Genius Group shares for each one ERL share.