Summary by Moomoo AI
Genius Group Limited, a prominent edtech and education group, has announced that its CEO, Roger James Hamilton, is set to purchase up to 10 million ordinary shares of the company. This decision was approved by the company's Board and will be conducted at a price of 105% of the closing price on the prior trading day. The purchase will be funded through cash and debt conversion and may occur in multiple tranches, subject to NYSE approval. Hamilton's move is a demonstration of his commitment to the company's future, coinciding with the AI Revolution, where Genius Group aims to be a leader in AI-powered education. The company clarified that recent statements made by Hamilton on the X platform about...Show More