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Genius Group Limited (NYSE American: GNS) completed its acquisition of Entrepreneur Resorts Ltd following shareholder approval at an extraordinary general meeting held July 30, 2025.
The transaction received 5.78 million votes in favor, representing 99.97% of votes cast. Entrepreneur Resorts will be rebranded as Genius Resorts as part of the acquisition.
Under the agreement, 50 million Genius Group shares held in escrow will be transferred to Entrepreneur Resorts shareholders at a ratio of three Genius Group shares for each Entrepreneur Resorts share. The shares are subject to a six-month restriction period.
The acquisition expands Genius Group’s Genius City model through the integration of entrepreneur cafés and resorts. The company outlined plans to launch 20 Genius Resorts within five years, each targeting $5 million in average revenue, and 100 licensed Genius Cities with $1 million average revenue targets.
Genius Group also plans to build five owner-managed Genius Cities, each targeting $20 million in average revenue. The company stated these figures represent internal goals rather than projections or forecasts.
The first fully developed Genius City model is planned for Bali, Indonesia. The acquisition accelerates development of what the company describes as a $20 million Genius City model.
Genius Group reaffirmed its 2025 revenue guidance increase of 50%, raising projections from $10 million to a range of $15 million to $18 million. The guidance increase was initially announced when the asset purchase agreement was signed on June 10, 2025.
The company describes itself as an AI-powered, Bitcoin-first education group serving 5.8 million users across more than 100 countries through its digital marketplace and educational programs.