Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]
October 04 2024 - 8:00AM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
6-K
REPORT
OF FOREIGN PRIVATE ISSUER PURSUANT TO
RULE
13A-16 OR 15D-16 UNDER THE SECURITIES
EXCHANGE
ACT OF 1934
For
the month of October, 2024
Commission
File Number: 001-41353
Genius
Group Limited
(Translation
of registrant’s name into English)
8
Amoy Street, #01-01
Singapore
049950
(Address
of principal executive offices)
Indicate
by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form
20-F ☒ Form 40-F ☐
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ________.
Note:
Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report
to security holders.
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ________.
Note:
Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that
the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated,
domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on
which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to
be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already been the
subject of a Form 6-K submission or other Commission filing on EDGAR.
On
October 2, 2024, Genius Group Limited (the “Company”) has confirmed that it is in the process of engaging counsel to conduct
an independent investigation into allegations related to LZG International Inc, its principals, and potential irregularities related
to LZGI’s subsidiary, FB Primesource Acquisition LLC and its assets, and LZGI’s asset purchase agreement and transaction
with the Company.
In
addition, the Company is also in the process of engaging The Basile Law Firm P.C. as its general litigation counsel.
The
Company and its Board of Directors will await the results of the investigation prior to making any definitive assessment on the status
of the transaction and actions to be taken. Due to the material impact such an assessment and such actions may or may not have, the Company
is withholding finalization of its 2024 first half financial results and is withdrawing 2024 guidance at this time.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned, thereunto duly authorized.
|
GENIUS
GROUP LIMITED |
|
|
|
Date:
October 4, 2024 |
|
|
|
By: |
/s/
Roger Hamilton |
|
Name: |
Roger
Hamilton |
|
Title: |
Chief
Executive Officer
(Principal Executive Officer) |
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