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NEW YORK - Rezolve AI (NASDAQ:RZLV), whose stock has surged over 337% in the past six months, announced Wednesday it has entered into definitive agreements with two large existing institutional investors for a private placement of approximately $200 million.
The AI-focused retail technology company said the placement was oversubscribed and is expected to close on September 25, 2025, subject to customary closing conditions.
Rezolve AI plans to use the proceeds to accelerate investment in its sales organization, explore potential accretive merger and acquisition opportunities, and for working capital and general corporate purposes.
A.G.P./Alliance Global Partners is serving as lead placement agent for the offering, with H.C. Wainwright & Co. acting as co-lead agent.
The securities are being offered through a private placement in reliance on exemptions from registration under Section 4(a)(2) of the Securities Act of 1933 and/or Regulation D, meaning they cannot be sold in the United States except pursuant to an effective registration statement or applicable exemption from registration requirements.
Rezolve AI describes itself as a company that uses artificial intelligence to drive consumer engagement in the retail sector. The company, currently valued at $1.79 billion, trades on the Nasdaq under the ticker RZLV and boasts an impressive 81.87% gross profit margin. According to InvestingPro, analysts expect revenue growth of 182% in the current fiscal year.
This article is based on a press release statement from Rezolve AI. InvestingPro analysis indicates the stock is currently trading above its Fair Value, with 12 additional exclusive insights available to subscribers, including detailed financial health metrics and growth projections.
In other recent news, Rezolve Ai announced that all private placement warrants from a $15 million offering in December 2024 have either been exercised or expired. This development follows the company’s share performance, leading to an early expiration of the warrants. Additionally, Rezolve Ai is making significant strides in the American market with its partnership with Tether, following the announcement of the USAT stablecoin, which aligns with the GENIUS Act’s regulatory framework. In another development, H.C. Wainwright raised its price target for Rezolve Ai from $4 to $9, maintaining a Buy rating, citing the company’s progress toward achieving $100 million in annual recurring revenue by the end of 2025. Currently, Rezolve Ai’s ARR stands at approximately $70 million.
Institutional investors have also increased their stakes in Rezolve Ai, with ownership surpassing 10% of the company’s capital structure. Major investment firms like Citadel, BlackRock, and Vanguard have taken positions, influenced by Rezolve’s inclusion in the Russell 2000 and 3000 indices. Rezolve Ai has highlighted a valuation gap with its AI sector peers, trading at about 13 times ARR, compared to higher multiples for companies like Anthropic and Sierra AI. These developments reflect a period of growth and strategic positioning for Rezolve Ai in the competitive AI commerce solutions market.
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