StockWatch
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Services-Misc. Amusement & Recreation
ShareholdingJun 3, 2026, 09:06 AM

Genius Group Converts 10M Class A Shares to Class C

AI Summary

Genius Group Limited announced that its Board approved the conversion of 10 million Class A ordinary shares held by CEO Roger Hamilton into Class C ordinary shares. The newly converted Class C shares carry ten votes per share and will be privately held, not listed on the NYSE. This action results in a reduction of 10 million publicly tradable shares.

Key Highlights

  • Genius Group's Board approved the conversion of 10 million Class A ordinary shares.
  • Shares were converted to Class C ordinary shares for CEO Roger Hamilton.
  • Class C Ordinary Shares hold ten votes per share.
  • Class C shares are not listed on NYSE and will be privately held.
  • The conversion reduces publicly tradable shares by 10 million.