- Genius Group (NYSE:GNS) and AI SaaS and Solutions company FatBrain AI (OTCQB:LZGI) on Wednesday signed a definitive merger agreement.
- The to be combined businesses are preliminarily estimated to have achieved approximately $80 million of gross revenue in 2023, up over 100% year-on-year.
- Following the closing of the merger, FatBrain AI’s CEO, Peter B. Ritz, and Executive Chair, Michael T. Moe, will join Genius Group’s Board.
- Source: Press Release