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LONDON, Jan. 31, 2022 (Globe NEWSWIRE) — Rezolve, a leader in mobile commerce and engagement, right now declared the growth of its board of administrators with the addition of two new users, Dr. Stephen Perry and Dr. Derek Smith, who include depth and practical experience in the places of payments and e-commerce.
On December 17, 2021, Rezolve declared that it experienced entered into a definitive business enterprise mixture agreement with Armada Acquisition Corp. I (NASDAQ: AACI), a publicly traded specific objective acquisition firm. Upon closing of the transaction, the put together company’s shares are expected to trade on the NASDAQ under the ticker symbol “ZONE”.
“We are happy to welcome Perry and Smith to the board,” reported Dan Wagner, Rezolve’s chairman and CEO. “Their abilities in devising and employing payments and e-commerce approaches throughout equally Europe and Asia will lengthen the Board’s breadth of awareness and knowledge, and will be a tremendous asset as we expand our existence globally in the coming decades.”
Perry now serves as a Board member or advisor to a quantity of disruptive organizations in the payments and data analytics sectors, and has served as a Senior Advisor to Rezolve since 2019. He used over 25 decades at Visa Europe in a quantity of senior leadership roles, including 15 decades as a member of the European Leadership Crew.
“I am very thrilled to be becoming a member of the Board at Rezolve,” Perry explained. “When I advise disruptive new corporations, I always focus on what issue they are solving. It is extremely crystal clear that Rezolve is fixing a important issue for retailers about getting rid of relationships with customers. Rezolve is serving to them to reengage with people and to develop relationships through a cellular platform. In the constellation of fintech and cell commerce companies that I have engaged with around the previous 10 a long time, it is definitely distinct to me that Rezolve is the brightest emerging star.”
Smith provides a wealth of encounter furnishing strategic tips to a wide variety of worldwide organizations, from start off-ups to substantial enterprises. He commenced his career as an tutorial, with a BA and Phd in Economics from the College of Nottingham. He then put in 16 a long time with The Economist in different management roles, which include President of Asia Pacific, and a lot more not long ago Smith has served as a consultant, advisor and board member for a variety of compact and medium sized companies.
“I was delighted when Dan approached me to be a part of the board and I am very enthusiastic to be working with him,” Smith mentioned. “Markets in Asia are extremely varied and hard, and I am impressed with Rezolve’s go-to-sector product working with intermediaries to get obtain the two to the merchants and the last individuals. Rezolve’s strategy of increasing profits quite quickly via these companions is the correct system to win in the technology space, and I seem forward to assisting with implementation of this solution.”
Rezolve is having retailing into a new era of client engagement with a proprietary cellular engagement platform. The Rezolve Platform is a potent established of cellular commerce and engagement capabilities that supply cell application sellers with a vary of important business opportunities that can be realized devoid of having to build code, host functions or handle security. The Rezolve Inside SDK lets cellular software suppliers to rapidly supply innovation for their customers into present or new cell apps. Rezolve was established in 2016, is headquartered in London, United kingdom and has workplaces in China, India, Taiwan, Germany, Spain and Mexico. (www.rezolve.com).
About Armada Acquisition Corp. I
Armada Acquisition Corp. I is a blank test firm whose organization intent is to influence a merger, cash inventory exchange, asset acquisition, stock order, reorganization or identical enterprise combination with 1 or much more businesses. Armada was launched on November 5, 2020 and is headquartered in Philadelphia, PA.
Important Facts About the Proposed Transaction with Armada Acquisition Corp. I and The place to Locate It
On December 17, 2021, Rezolve Restricted, a personal restricted legal responsibility company registered less than the regulations of England and Wales (“Rezolve”), entered into a enterprise mix arrangement, dated as of December 17, 2021, with Armada Acquisition Corp. I, a Delaware corporation (“Armada”), Rezolve Group Minimal, a Cayman Islands exempted business (“Cayman NewCo”), and Rezolve Merger Sub, Inc., a Delaware company (“Rezolve Merger Sub”).
This conversation relates to the proposed business blend transaction among the Armada, Rezolve, Cayman NewCo, and Cayman Merger Sub, Inc. A whole description of the phrases of the transaction will be delivered in a registration assertion on Form F-4 that Armada intends to file with the SEC that will consist of a prospectus of Cayman NewCo with regard to the securities to be issued in link with the proposed business enterprise mixture and a proxy statement of Armada with regard to the solicitation proxies for the unique assembly of stockholders of Armada to vote on the proposed business mixture. Armada urges its traders, stockholders and other fascinated people to examine, when available, the preliminary proxy assertion/ prospectus as well as other paperwork submitted with the SEC because these documents will include crucial information about Armada, Rezolve, Cayman NewCo and the transaction. Right after the registration statement is declared effective, the definitive proxy statement/prospectus to be integrated in the registration statement will be mailed to shareholders of Armada as of a file day to be founded for voting on the proposed organization combination. As soon as out there, shareholders will also be capable to get hold of a copy of the Registration Assertion on Sort F-4, such as the proxy statement/prospectus incorporated therein, and other documents filed with the SEC with no cost, by directing a request to: Armada Acquisition Corp. I, 2005 Market Street, Suite 3120, Philadelphia, PA 19103 Usa (215) 543-6886. The preliminary and definitive proxy statement/prospectus to be incorporated in the registration statement, once offered, can also be received, without having demand, at the SEC’s web page (www.sec.gov). This conversation does not have all the facts that need to be regarded as about the proposed business mixture and is not supposed to sort the foundation of any expense decision or any other final decision in respect of the company mix. Right before building any voting or financial commitment conclusion, investors and safety holders are urged to read through the registration statement, the proxy statement/prospectus and all other appropriate paperwork submitted or that will be submitted with the SEC in connection with the proposed small business mixture as they develop into obtainable because they will have critical information and facts about the proposed transaction.
No Provide or Solicitation
This communication is for informational needs only and does not constitute an present or for a solicitation of an offer you to buy or provide securities, assets or the business enterprise explained herein or a commitment to Armada or Rezolve, nor is it a solicitation of any vote, consent or acceptance in any jurisdiction pursuant to or in relationship with the proposed business enterprise mix or in any other case, nor shall there be any supply, sale, issuance or transfer of securities in any jurisdiction in contravention of applicable legislation.
Contributors in Solicitation
Armada, Cayman NewCo and Rezolve, and their respective directors and government officers, may be considered contributors in the solicitation of proxies of Armada’s stockholders in respect of the proposed business mixture. Information and facts about the directors and govt officers of Armada is established forth in Armada’s final prospectus relating to its preliminary community supplying, dated August 12, 2021, which was submitted with the SEC on August 16, 2021 and is readily available cost-free of cost at the SEC’s world-wide-web web-site at www.sec.gov. Info about the administrators and government officers of Cayman NewCo and Rezolve and more comprehensive info with regards to the identification of all possible contributors, and their direct and oblique passions by stability holdings or in any other case, will be set forth in the definitive proxy assertion/prospectus for the proposed business enterprise mixture when available. Additional info pertaining to the identity of all prospective members in the solicitation of proxies to Armada’s stockholders in connection with the proposed business mix and other matters to be voted upon at the exclusive conference, and their immediate and oblique interests, by safety holdings or usually, will be integrated in the definitive proxy assertion/prospectus, when it results in being available.
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