Rezolve AI Secures $15 Million in Registered Offering to Boost AI-Driven Retail Innovation

Rezolve AI Announces $15 Million Registered Offering

Rezolve AI (NASDAQ: RZLV), a global leader in AI-driven retail innovation, has announced a significant financial move to bolster its position in the AI-powered commerce sector. The company has entered into definitive agreements for a registered offering, aiming to raise $15 million in gross proceeds 1

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Offering Details

The offering includes the sale of 5,000,000 ordinary shares (or pre-funded warrants) and warrants to purchase up to an additional 5,000,000 ordinary shares. The purchase price is set at $3.00 per share or pre-funded warrant, with accompanying warrants 2

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. Key features of the warrants include:

• Exercise price of $3.00 per share
• Immediate exercisability upon issuance
• Expiration on the earlier of:
  • 30 days after the volume-weighted average price of ordinary shares reaches $6.00 for five consecutive trading days
  • Five years from the date of issuance

The offering is expected to close around December 23, 2024, subject to customary closing conditions 3

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Financial and Legal Aspects

H.C. Wainwright & Co. is serving as the exclusive placement agent for this offering. The securities are being offered under a registration statement on Form F-1 (File No. 333-283622), which was declared effective by the Securities and Exchange Commission on December 19, 2024 1

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About Rezolve AI

Rezolve AI specializes in AI-powered solutions for commerce and retail, focusing on enhancing customer engagement, streamlining transactions, and driving revenue growth. The company's product suite, known as Brain Suite, includes:

1. Brain Commerce
2. Brain Checkout
3. Brain Assistant

These products leverage AI to provide personalized, frictionless shopping experiences and improve business outcomes for retailers and brands globally 2

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Strategic Partnerships

Rezolve AI has forged partnerships with industry giants, including:

• Tether
• Microsoft (NASDAQ: MSFT)
• Google (NASDAQ: GOOGL)

These collaborations position Rezolve AI at the forefront of commerce innovation 3

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Forward-Looking Statements

The company's press release includes cautionary language regarding forward-looking statements, as required by securities laws. These statements cover expectations about the offering and its closing, subject to various risks and uncertainties that could cause actual results to differ from projections 1

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