Company News

Armada Acquisition Corp. II Announces Closing of Sponsor Securities Purchase Agreement

Armada Acquisition Corp. II (Nasdaq: AACI) (“Armada” or the “Company”) today announced that it has completed a Sponsor Securities Purchase transaction under which Arrington XRP Capital Fund, LP (“Arrington”) has acquired the securities of Armada Acquisition Corp. II owned by Armada Sponsor II LLC, the (now former) sponsor of Armada.

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Armada Acquisition Corp. I Closes Business Combination with Rezolve AI Limited

"Armada Acquisition Corp. I, (Nasdaq: AACI) a publicly traded special purpose acquisition company ("Armada"), announced today the closing of its previously announced business combination with Rezolve AI Limited, a leading provider of AI-driven engagement platforms for retail and commerce. Armada stockholders approved the transaction at..."

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Armada Acquisition Corp. I Extends Deadline To Consummate Business Combination with Rezolve

"The Company's sponsor has deposited an additional $1.5 million into the Company's Trust Account, as mandated by the terms of the Company's initial public offering which closed on November 17, 2021. Funds related to this extension were deposited on November 10, 2022"

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Rezolve Strategically Partners with ACI Worldwide to Transform Omni Channel Commerce and Mobile Engagement for Merchants

"Rezolve, a leader in mobile commerce and engagement and ACI Worldwide (NASDAQ: ACIW),  the global leader in mission-critical, real-time payments software, today announced a strategic partnership..."

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Armada Acquisition Corp. I Announces Separate Trading of its Common Stock and Warrants, Commencing November 16, 2021

"Armada Acquisition Corp. I (NASDAQ GM: AACIU) (the “Company”) announced today that, commencing November 16, 2021, holders of the 15,000,000 units sold in the Company’s initial public offering may elect to separately trade shares of the Company’s common stock and warrants included in the units."

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Armada Acquisition Celebrates One-Year Anniversary of Successful Business Combination with Rezolve Ai

Armada Acquisition today marks the one-year anniversary of the successful merger between Armada Acquisition Corp. I and Rezolve Ai (Nasdaq: RZLV).

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Armada Acquisition Corp. I Stockholders Approve Business Combination with Rezolve AI Ltd.

"Armada Acquisition Corp. I, (NASDAQ: AACI; AACI.W) a publicly traded special purpose acquisition company ("Armada"), announced today that, at its special meeting of stockholders (the "Special Meeting") held on August 1, 2024, its stockholders voted to approve the previously announced proposed business combination (the "Business Combination") between Armada, Rezolve Limited, Rezolve AI Limited ("Rezolve"), and Rezolve Merger Sub, Inc., as well as all other proposals related to the Business Combination."

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Rezolve now expects $138 million improvement in 2022 cash burn outlook, maintains 2022 revenue assumption of $219 million

"Rezolve, a leader in mobile commerce and engagement, today announced an update to its 2022 outlook, with a substantial improvement in Adjusted EBITDA expected. "

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Armada Acquisition Corp. I Announces Closing of $150 Million Initial Public Offering

"The Company is a special purpose acquisition company (“SPAC”) whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses."

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Armada Acquisition Corp. II Announces Closing of $230 Million Initial Public Offering

"Armada Acquisition Corp. II (the “Company” or
“AACI”) announced today the closing of its initial public offering of 23,000,000 units, including a fully exercised over-allotment option, at $10.00 per unit. The offering resulted in gross proceeds to the Company of $230,000,000."

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Armada Acquisition Corp. II Announces Pricing of $200,000,000 Initial Public Offering

"Armada Acquisition Corp. II (the “Company” or “AACI”) announced today that it priced its initial public offering of 20,000,000 units at $10.00 per unit. The units are expected to be listed on the Nasdaq Global Market"

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Rezolve AI Limited Closes Business Combination with Armada Acquisition Corp. I; Announces Date for Commencement of Trading on the Nasdaq

"Rezolve Ai Limited, (“Rezolve” or the “Company”), a leading provider of AI-driven engagement platforms for retail and commerce, today announced that it has completed its business combination with Armada Acquisition Corp. I"

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Rezolve Launches SmartCodes Designed to Engage Consumers and Drive Instant Transactions

"Rezolve, a leader in mobile commerce and engagement, today announced the launch of SmartCode, a new trigger built on Rezolve’s platform, designed to provide an efficient approach for merchants to engage consumers and drive instant transactions."

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Rezolve Expands Board With Two Additional Members Bringing Experience In Payments, E-Commerce

"Rezolve, a leader in mobile commerce and engagement, today announced the expansion of its board of directors with the addition of two new members, Dr. Stephen  Perry and Dr. Derek Smith, who add depth and experience in the areas of payments and e-commerce."

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