Equity conversion strengthens financial position and accelerates global expansion in the $30 trillion retail market.NEW YORK, Dec.18, 2024 (GLOBE NEWSWIRE) -- Rezolve Ai (NASDAQ: RZLV), a global leader in AI-driven retail innovation, and its leading investors have entered into a series of transactions agreeing to the conversion of $49 million of the outstanding convertible loan note into equity.
These forward-looking statements include, without limitation, Rezolve’s statements regarding the agreement between Rezolve and certain prominent investors to convert approximately $41 million of debt; Rezolve’s statements and expectations regarding its growth potential and ability to revolutionize the retail market and its ability to scale its operations globally, as well as Mr.
For more information, visit Media Contact: Rezolve AiUrmee Khan Global Head of Communications urmeekhan@rezolve.com +44 7576 094 040 Investor Relations Contact:CORE IR+15162222560investors@rezolve.com Forward-Looking StatementsCertain statements in this press release may be forward looking in nature within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act”), Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act”) and the safe harbor provisions of the U.S.
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