Genius Group to Consolidate Shares 1-for-10
The NYSE American-listed company will reverse-split its ordinary shares effective November 20, 2026, after trading near $0.10.
Updated on Nov. 10, 2026 in Business Strategy
Genius Group Limited will consolidate every ten issued and outstanding ordinary shares into one share, effective 12:01 a.m. Eastern Time on November 20, 2026. Shareholders approved the authority at the company's July 7, 2026 Annual General Meeting, and the Board set the 1-for-10 ratio on November 6, 2026.
Why it matters
The NYSE American has advised that it generally views trading below $0.10 per share as abnormally low, and the Board considers the consolidation a necessary step to address that concern. The move is also tied to the company's proposed dual listing on the Australian Securities Exchange.
Every ten existing shares will become one share, with shares recently trading near $0.10 and the NYSE American threshold for abnormally low trading also set at $0.10. The new CUSIP number for the ordinary shares has not yet been announced.
The players
Genius Group Limited
A Singapore-based education and technology company that serves 6 million users in over 100 countries and whose shares trade on the NYSE American.
NYSE American
A U.S. stock exchange operated by NYSE Group that has advised the company that trading below $0.10 per share is generally viewed as abnormally low.
The details
No fractional shares will be issued, with fractional entitlements rounded down to the nearest whole share and cancelled. Holders of book-entry shares and those holding through brokers are not expected to need to take action, and outstanding warrants, options and equity awards will be proportionately adjusted.
Timeline
July 7, 2026: Shareholders approved consolidation authority at the Annual General Meeting.
November 6, 2026: The Board determined the 1-for-10 consolidation ratio.
November 19, 2026: Record date for the share consolidation.
November 20, 2026: Consolidation takes effect at 12:01 a.m. ET and split-adjusted trading begins on the NYSE American.
Market Landscape
The reverse split responds to the NYSE American's specific guidance under Section 1003(f)(v) of its Company Guide, which flags trading below $0.10 per share as abnormally low. The company is pairing this step with a planned dual listing on the Australian Securities Exchange.
Shareholders are not expected to take any action, as the change will be handled through book-entry and broker accounts. Holders will receive one share for every ten they own, with any fractional remainder rounded down and cancelled.
The takeaway
Investors holding Genius Group shares should expect their share count to drop tenfold on November 20, 2026, while the per-share price is adjusted accordingly. Watch for the new CUSIP announcement to confirm the change in brokerage records.
What happens next
The new CUSIP number for the company's ordinary shares will be announced in a further press release, and the consolidated shares are expected to begin split-adjusted trading when the NYSE American opens on November 20, 2026.
Further reading
Explore more corporate moves in our Business Strategy coverage.
Source note: This article includes information reported by The Manila times.
