Rezolve Ai Announces Pricing of $15 Million Registered Offering
Thursday, 19th December at 6:58 pm
NEW YORK, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Rezolve Ai (NASDAQ: RZLV) (the "Company), a global leader in AI-driven retail innovation, today announced that it has entered into definitive agreements for the purchase and sale of 5,000,000 of the Company's ordinary shares (or pre-funded warrants in lieu thereof) and warrants to purchase up to 5,000,000 ordinary shares at a purchase price of $3.00 per share (or per pre-funded warrant in lieu thereof) and accompanying warrant in a registered offering. The warrants will have an exercise price of $3.00 per share, will be exercisable immediately upon issuance and will expire on the earlier of (i) thirty days after the volume weighted average price of the ordinary shares is at or above $6.00 for five consecutive trading days and (ii) five years from the date of issuance. The closing of the offering is expected to occur on or about December 23, 2024, subject to the satisfaction of customary closing conditions.
Debbieee : Time to buy or too late, Jaguar?
Jaguar8 OP Debbieee : I don’t give buy or sell advice
105246726 : You bought?
Jaguar8 OP 105246726 : No
StockRoller : Does this mean dilution?
Jaguar8 OP StockRoller : Yes at 3/sh