Rezolve Ai Board Moves to Authorize Capital Reduction and Up to $300 Million Share Repurchase Program
Rezolve Ai’s Board will seek shareholder authority at its June 30 AGM to approve a capital reduction and a share repurchase program of up to $300 million. The company has entered an agreement with BTIG to facilitate the buybacks, allowing RZLV to repurchase shares acquired by BTIG in the market within agreed pricing parameters. Management asserts the current market valuation materially undervalues the business, citing progress in its AI-powered commerce platform, Brain Suite.
Key figures
- Repurchase authorization
- $300 million
AI analysis
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