Why Ainos Shares Are Trading Higher By Around 38%; Here Are 20 Stocks Moving Premarket
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 12 2024
0mins
Source: Benzinga
Ainos, Inc. Stock Surge: Ainos, Inc. shares rose 37.7% in pre-market trading after the company secured exclusive licenses for 10 invention patents from Taiwan Carbon Nano Technology.
Market Movements: Several stocks experienced significant changes, with LogicMark, Inc. gaining 49%, while Meta Materials Inc. saw a decline of 27.7% following its bankruptcy announcement.
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About GNS
Genius Group Limited is an artificial intelligence (AI)-powered Bitcoin-first education group. The Company delivers AI powered, education and acceleration solutions. The Company’s Genius City education model delivers local AI-based ecosystems between schools, businesses and government, delivering both AI training and AI tools. Its AI edtech platform, GeniusU, connects Genius Cities to student and its partner marketplace joining peer intelligence and AI solutions across energy, finance, logistics, manufacture, retail, tech and telco sectors. The Company provides personalized, entrepreneurial AI pathways combining human talent with AI skills and AI solutions at the individual, enterprise and government level. Its courses include iLAB Mentor, PromINence Online, Remote Work Startup, Speaker Sales Plan, Cash Flow Design and Build, Crypto Investor Microschool, Crypto Investor Microcourse, Passion Test Consultant, Real Estate Mogul Master Plan, and InSight-U Coaching Programme, others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Genius Group Expands Genius City Project in Bali with $27.3 Million Investment
- Project Expansion: Genius Group's Genius City in Bali has increased its size by 50% to 15,463 sqm, with a built area of 19,000 sqm, aiming to create an interconnected future learning community that enhances the quality of education and training for students and adults alike.
- Financial Goals Raised: The project targets $19.8 million in revenue and $5.8 million in profit by year three, indicating strong commercial potential and further solidifying the company's leadership position in the future education market.
- Innovative Learning Model: Genius City will integrate cutting-edge technologies like AI and blockchain to provide lifelong learning opportunities, attracting international talent and aiming to cultivate the skills needed for the future, thus transforming the education sector.
- Funding Strategy: The company plans to raise $19.7 million through a mix of debt and tokenized Real World Asset funding to support project implementation, demonstrating strong confidence in future educational investments.
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Genius Group Acquires Lighthouse Studios in Bali to Enhance Education Platform
- Education Platform Expansion: Genius Group's acquisition of Lighthouse Studios in Bali aims to relaunch the facility on January 23, 2026, as a centralized production hub for courses, certifications, and podcasts, although financial terms remain undisclosed, this move is expected to enhance its educational content production capabilities.
- High-End Production Capabilities: CEO Roger James Hamilton emphasized the increasing demand for high-quality video and broadcast capabilities in modern education, and this acquisition will support the Genius Café model, enabling the scalable production of higher-quality content.
- Regional Strategic Development: This acquisition aligns with Genius Group's broader strategy to develop immersive learning ecosystems across Southeast Asia, while also progressing plans for a Bitcoin-powered education city in Bali, highlighting its focus on digital assets and AI integration.
- Support for Future Projects: Genius Studios will support an upcoming documentary series on the development of Genius City and provide students with hands-on experience using AI-driven media tools, further enhancing the appeal of its educational offerings.
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