Rezolve Ai closes $200 million private placement from institutional investors

NEW YORK - Rezolve Ai (NASDAQ:RZLV), the $1.7 billion market cap AI commerce company whose stock has surged over 370% in the past six months, announced Thursday it has closed a $200 million private placement from institutional investors who participated in previous funding rounds.

The AI commerce company described the financing as "significantly oversubscribed" and noted it represents one of the largest placements in the AI commerce sector this year. The transaction follows Rezolve’s recent inclusion in the Russell 2000 and 3000 indices. InvestingPro data shows the company maintains impressive gross profit margins of 81.87%, though it’s currently not profitable with negative EBITDA of $138 million in the last twelve months.

Daniel M. Wagner, Founder, Chairman and CEO of Rezolve Ai, said the financing provides "the firepower to accelerate growth, expand our sales footprint in the United States and internationally, pursue strategic acquisitions, and extend our leadership" in retail markets.

The company, which partners with Microsoft, Google, and Tether, stated it expects to use the proceeds for investments in its sales organization, potential acquisitions, working capital, and further development of its commerce platform.

According to the press release, Rezolve recently launched its Visual Search feature, which allows customers to use their camera to search retailer catalogs. The company also appointed Crispin Lowery, former Microsoft Retail & Consumer Goods lead for EMEA and Google executive, as SVP Growth.

Institutional investors including Citadel, BlackRock, Vanguard, and State Street have recently taken positions in Rezolve, with institutional ownership now exceeding 10%, according to the company.

A.G.P./Alliance Global Partners acted as lead agent and H.C. Wainwright & Co. acted as co-lead agent for the offering.

In other recent news, Rezolve AI announced a significant private placement agreement with two major institutional investors, securing approximately $200 million. This oversubscribed placement is anticipated to close on September 25, 2025, pending standard closing conditions. In a related development, Rezolve AI has cleared its warrant overhang as all private placement warrants issued in December 2024 have either been exercised or expired. H.C. Wainwright has raised its price target for Rezolve AI from $4 to $9, maintaining a Buy rating due to the company’s progress toward achieving $100 million in annual recurring revenue by the end of 2025. Rezolve AI currently reports approximately $70 million in annual recurring revenue. Institutional ownership in Rezolve AI has also increased, with firms like Citadel, BlackRock, and Vanguard now holding positions, partly due to the company’s inclusion in the Russell 2000 and 3000 indices. Additionally, Tether’s announcement of the USAT stablecoin has been seen as a catalyst for Rezolve AI’s partnership with Tether, aiming to integrate crypto wallet payments into its Brain Checkout platform. These developments reflect Rezolve AI’s strategic advancements and growing investor confidence.

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