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Pre-Open Stock Movers 06/11: (ZYXI) (GRUB) (JACK) Higher; (GNUS) (NCLH) (DAL) Lower (more...)

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Genius Brands Int'l (GNUS) Reports Agreement for Arnold Schwarzenegger to Become 'Significant Investor'

June 15, 2020 8:35 AM EDT

Genius Brands International, Inc. (NASDAQ: GNUS) today announced that Arnold Schwarzenegger, who is starring in and co-producing the new animated childrens series, Stan Lee's Superhero Kindergarten, elected to receive warrants to purchase shares of the Companys common stock as an advance against his profit participation in the show. Any further payouts will likely be in the form of cash payments.

Created by Stan Lee as one of his final projects, Stan Lees Superhero... More