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Rezolve Secures $250 Million Equity Funding From Yorkville Advisors In Connection With Upcoming Public Listing
Amount Raised
$250 Million
Round Type
Venture
LondonInformation TechnologySoftwareMobileArtificial IntelligenceE CommerceSaaSMachine LearningRetail TechnologyDescription
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
Fundz sees it the moment Rezolve raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Rezolve raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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