Advising Rezolve AI on its listing on NASDAQ

Rezolve AI is an AI-powered platform for mobile commerce businesses to optimize their online stores by providing personalised recommendations and a conversational AI-powered shopping interface.

The listing was completed by way of a business combination with Armada Acquisition Corp I, a special purpose acquisition company (SPAC), whereby Rezolve AI and Armada entered into a plan of merger resulting in Rezolve AI becoming the listed entity on NASDAQ.

The ordinary shares and warrants in the capital of Rezolve AI commenced trading on the NASDAQ on 16 August 2024 under the ticker symbols "RZLV" and "RZLVW", respectively.

We have advised Rezolve AI from "cradle to liquidity" including on numerous equity fundraisings, international expansion projects and bolt-on M&A transactions. The transaction demonstrates our extensive experience in capital markets and M&A work in the technology and mobile commerce sector.

Commenting on the transaction, Corporate Partner Robert Fenner, said: "We are delighted to have supported Rezolve AI along on its journey to listing on NASDAQ. The IPO is a great achievement and a testament to Rezolve AI's cutting edge technology for mobile commerce.” 

The team was led by client relationship partner Robert Fenner and corporate partner James Homan, ECM partner Tandeep Minhas and with ECM and corporate support from associates William Zhang, Nuria Ashmore-Barrios and Rachael Roberts.

The transaction required specialist advice across multiple practice areas and jurisdictions, including a team comprised of Liz Wilson (tax partner), Bridget Winters (tax senior counsel), Ann Casey (incentives partner), Katie Lewis (incentives senior counsel) and Stephen O'Grady (restructuring partner), with coverage across the US, India, Taiwan, and Europe.