Genius Group Announces 1-For-10 Reverse Share Split, Effective November 20
Benzinga Newsdesk 3 hours ago
Stock SplitNews
The action is intended to increase the per-share trading price and support compliance with NYSE American’s continued listing standards, while positioning the Company for its proposed dual listing on the Australian
The action is intended to increase the per-share trading price and support compliance with NYSE American’s continued listing standards, while positioning the Company for its proposed dual listing on the Australian Securities Exchange ("ASX"), subject to applicable approvals and requirements.
The share consolidation is expected to become effective at 12:01 a.m. Eastern Time on November 20, 2026, and the Company’s ordinary shares are expected to commence trading on a split-adjusted basis when NYSE American opens on November 20, 2026 under the existing trading symbol "GNS". The new CUSIP number for the Company’s ordinary shares following the share consolidation will be announced via a further press release.