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Rezolve Ai Secures $30 Million Loan to Drive Growth and Accelerate Momentum

GlobeNewswire LogoGlobeNewswire2d ago

Rezolve Ai Secures $30 Million Loan to Drive Growth and Accelerate Momentum - GlobeNewswire

Quick Summary:

Non-dilutive financing preserves shareholder value as the Board anticipates a re-rating of the stock later this year amidst surging business momentumNEW YORK, Jan.29, 2025 (GLOBE NEWSWIRE) -- Rezolve Ai (NASDAQ: RZLV), a global leader in AI-driven retail and eCommerce solutions, announces the successful arrangement of a $30 million unsecured loan facility with Joh.Berenberg, Gossler & Co.KG ("Berenberg”).

The Company believes that this strategic funding underscores the considerable momentum in Rezolve Ai’s business and reinforces the confidence of blue-chip financial partners in the company’s vision and execution.

In a deliberate decision to preserve shareholder value, Rezolve Ai’s Board of Directors opted for this loan facility over convertible debt or equity financing.

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Article Details

Author / Journalist: Rezolve AI Ltd

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-29 @ 13:00:00 (2 days ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 749 words

Reading Time: 5 minutes read

Sentences: 27 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © GlobeNewswire

News ID: 25604644

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About GlobeNewswire

Main Topics: Technology

Official Website: globenewswire.com

Update Frequency: 30 posts per day

Year Established: 1998

Headquarters: China

News Last Updated: 8 hours ago

Coverage Areas: China

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #116

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