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Armada Acquisition Corp. I Closes Business Combination With Rezolve AI, To Begin Trading On The Nasdaq On Aug. 16, 2024 Under The Ticker Symbol "RZLV"

Benzinga Newsdesk 2 years ago

M&A

Rezolve AI common shares and warrants to begin trading on the Nasdaq on Aug. 16, 2024 under the ticker symbols "RZLV" and "RZLVW", respectivelyPHILADELPHIA, Aug. 15, 2024 /PRNewswire/ -- Armada Acquisition Corp. I,

Rezolve AI common shares and warrants to begin trading on the Nasdaq on Aug. 16, 2024 under the ticker symbols "RZLV" and "RZLVW", respectively

PHILADELPHIA, Aug. 15, 2024 /PRNewswire/ -- Armada Acquisition Corp. I, (NASDAQ:AACI) a publicly traded special purpose acquisition company ("Armada"), announced today the closing of its previously announced business combination with Rezolve AI Limited, a leading provider of AI-driven engagement platforms for retail and commerce. Armada stockholders approved the transaction at Armada's special meeting held on August 1, 2024. Rezolve plans to grow a strategic market base and expand its position as a global provider of a SAAS based, generative AI powered sales engine that is designed to help retailers improve search, advice and revenue generation.

The combined company will operate as "Rezolve AI Limited", and its common shares and warrants are expected to begin trading on the Nasdaq Stock Market ("Nasdaq") under the ticker symbols "RZLV" and "RZLVW", respectively, on August 16, 2024.

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