GNS

Business Context and Reporting Period

This Form 6-K filing by Genius Group Ltd, dated July 18, 2025, provides a legal update regarding an appeal case (Case No: 25-630) before the United States Court of Appeals for the Second Circuit. The filing concerns a Preliminary Injunction (PI) in aid of arbitration previously imposed by the Southern District Court of New York (SDNY).

Financial Metrics

The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This document is a legal status update and contains no financial performance data.

Material Changes and Legal Developments

• Counsel Withdrawal: Attorneys King & Spalding withdrew as counsel for LZG International (LZGI), Michael Thomas Moe, and Peter Ritz due to "irreconcilable differences."
• Default Judgment: The Court stayed filing deadlines until July 8, 2025, for the Defendants to obtain new counsel. No new counsel appeared by this deadline.
• Consequences of Default: On July 16, 2025, the Court ordered LZGI to be deemed in default, prohibiting them from submitting a brief unless granted permission by the Court.
• Procedural Status: The stay on filing deadlines was lifted. Genius Group Ltd has until August 15, 2025, to submit its opening brief.
• Party Status: The PI was filed by LZGI, who is now in default. Moe and Ritz were not parties to the PI and are no longer named parties in the arbitration following a RICO case filed by the Company.

Guidance, Outlook, and Risks

The filing outlines the immediate procedural timeline for the appeal:

1. Genius Group Ltd must file its opening brief by August 15, 2025.
2. Moe and Ritz have 60 days from the filing of the opening brief to file a response brief.
3. Genius Group Ltd has a further 30 days to file a reply brief.

The primary risk highlighted is the ongoing litigation and the potential impact of the Preliminary Injunction, though the default status of the opposing party (LZGI) may alter the dynamics of the appeal.

Key Facts for Investor Verification

• Verify the specific terms of the Preliminary Injunction currently stayed by the Appeal Court.
• Confirm the status of the RICO case filed against Moe and Ritz and its effect on their removal from the arbitration.
• Monitor the August 15, 2025, deadline for the Company's opening brief.
• Assess whether LZGI will seek permission from the Court to submit a brief despite being in default.