Rezolve Secures $250 Million Equity Funding From Yorkville Advisors In Connection With Upcoming Public Listing
Feb 27, 2023•almost 3 years ago
Amount Raised
$250 Million
Description
Rezolve, a leader in mobile commerce and engagement, announced today that it has secured a $250 million capital commitment from Yorkville Advisors, the New Jersey based private alternative investment group, in the form of a share subscription facility. Under the agreement, Yorkville will provide Rezolve with up to $250 million in equity capital for a 36-month term following a public listing of Rezolve’s common stock. Rezolve will not be obligated to draw the full $250 million but can do so in part or in whole at its discretion. Rezolve will control both the timing and amount of all drawdowns and will issue stock to Yorkville on each drawn down from the facility
Funding Insights
Based on industry dataTech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech