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LONDON, Jan. 31, 2022 (Globe NEWSWIRE) — Rezolve, a leader in cell commerce and engagement, right now declared the enlargement of its board of directors with the addition of two new members, Dr. Stephen Perry and Dr. Derek Smith, who add depth and practical experience in the areas of payments and e-commerce.
On December 17, 2021, Rezolve declared that it had entered into a definitive business mixture settlement with Armada Acquisition Corp. I (NASDAQ: AACI), a publicly traded particular intent acquisition company. On closing of the transaction, the put together company’s shares are anticipated to trade on the NASDAQ less than the ticker symbol “ZONE”.
“We are pleased to welcome Perry and Smith to the board,” said Dan Wagner, Rezolve’s chairman and CEO. “Their knowledge in devising and implementing payments and e-commerce methods across the two Europe and Asia will increase the Board’s breadth of expertise and expertise, and will be a great asset as we expand our existence globally in the coming many years.”
Perry at the moment serves as a Board member or advisor to a selection of disruptive providers in the payments and knowledge analytics sectors, and has served as a Senior Advisor to Rezolve given that 2019. He expended in excess of 25 many years at Visa Europe in a quantity of senior management roles, which includes 15 a long time as a member of the European Leadership Staff.
“I am pretty energized to be signing up for the Board at Rezolve,” Perry mentioned. “When I advise disruptive new corporations, I constantly aim on what difficulty they are fixing. It is extremely apparent that Rezolve is solving a big trouble for merchants around dropping associations with customers. Rezolve is aiding them to reengage with consumers and to develop interactions by way of a cell system. In the constellation of fintech and cell commerce firms that I have engaged with in excess of the earlier 10 many years, it is actually crystal clear to me that Rezolve is the brightest rising star.”
Smith brings a prosperity of experience giving strategic suggestions to a range of global providers, from get started-ups to significant enterprises. He began his occupation as an academic, with a BA and Phd in Economics from the College of Nottingham. He then used 16 decades with The Economist in many leadership roles, which includes President of Asia Pacific, and far more lately Smith has served as a expert, advisor and board member for a quantity of small and medium sized organizations.
“I was delighted when Dan approached me to be part of the board and I am really fired up to be operating with him,” Smith reported. “Markets in Asia are pretty various and challenging, and I am amazed with Rezolve’s go-to-sector model employing intermediaries to get entry the two to the merchants and the closing shoppers. Rezolve’s approach of expanding income extremely quickly via these associates is the ideal system to acquire in the technology place, and I glance forward to helping with implementation of this technique.”
Rezolve is getting retailing into a new period of buyer engagement with a proprietary cellular engagement system. The Rezolve System is a potent established of cell commerce and engagement capabilities that present cell software vendors with a selection of worthwhile professional possibilities that can be understood without having to establish code, host operations or take care of security. The Rezolve Inside of SDK permits mobile application suppliers to quickly supply innovation for their buyers into current or new cell applications. Rezolve was launched in 2016, is headquartered in London, British isles and has places of work in China, India, Taiwan, Germany, Spain and Mexico. (www.rezolve.com).
About Armada Acquisition Corp. I
Armada Acquisition Corp. I is a blank check firm whose small business function is to influence a merger, cash inventory trade, asset acquisition, stock order, reorganization or identical company mixture with one or a lot more organizations. Armada was launched on November 5, 2020 and is headquartered in Philadelphia, PA.
Critical Information About the Proposed Transaction with Armada Acquisition Corp. I and Where by to Uncover It
On December 17, 2021, Rezolve Restricted, a non-public limited legal responsibility business registered under the guidelines of England and Wales (“Rezolve”), entered into a organization blend arrangement, dated as of December 17, 2021, with Armada Acquisition Corp. I, a Delaware corporation (“Armada”), Rezolve Group Constrained, a Cayman Islands exempted firm (“Cayman NewCo”), and Rezolve Merger Sub, Inc., a Delaware corporation (“Rezolve Merger Sub”).
This communication relates to the proposed small business mix transaction amid Armada, Rezolve, Cayman NewCo, and Cayman Merger Sub, Inc. A full description of the terms of the transaction will be furnished in a registration assertion on Form F-4 that Armada intends to file with the SEC that will incorporate a prospectus of Cayman NewCo with regard to the securities to be issued in connection with the proposed company mix and a proxy assertion of Armada with regard to the solicitation proxies for the specific meeting of stockholders of Armada to vote on the proposed business mix. Armada urges its buyers, stockholders and other fascinated people to browse, when out there, the preliminary proxy statement/ prospectus as properly as other paperwork submitted with the SEC because these paperwork will consist of important data about Armada, Rezolve, Cayman NewCo and the transaction. Immediately after the registration statement is declared helpful, the definitive proxy assertion/prospectus to be integrated in the registration assertion will be mailed to shareholders of Armada as of a record day to be recognized for voting on the proposed business mix. Once available, shareholders will also be equipped to obtain a copy of the Registration Assertion on Form F-4, which includes the proxy statement/prospectus included therein, and other documents submitted with the SEC without the need of charge, by directing a request to: Armada Acquisition Corp. I, 2005 Sector Street, Suite 3120, Philadelphia, PA 19103 Usa (215) 543-6886. The preliminary and definitive proxy statement/prospectus to be integrated in the registration statement, the moment offered, can also be attained, without charge, at the SEC’s web page (www.sec.gov). This communication does not comprise all the information and facts that need to be regarded as regarding the proposed company combination and is not intended to sort the basis of any expenditure selection or any other determination in respect of the organization mixture. Ahead of making any voting or expense choice, buyers and stability holders are urged to browse the registration assertion, the proxy assertion/prospectus and all other pertinent paperwork submitted or that will be filed with the SEC in relationship with the proposed company combination as they grow to be accessible simply because they will comprise critical data about the proposed transaction.
No Supply or Solicitation
This interaction is for informational reasons only and does not represent an give or for a solicitation of an give to get or offer securities, property or the company described herein or a determination to Armada or Rezolve, nor is it a solicitation of any vote, consent or approval in any jurisdiction pursuant to or in connection with the proposed company combination or usually, nor shall there be any offer, sale, issuance or transfer of securities in any jurisdiction in contravention of applicable regulation.
Members in Solicitation
Armada, Cayman NewCo and Rezolve, and their respective administrators and government officers, may perhaps be considered contributors in the solicitation of proxies of Armada’s stockholders in regard of the proposed enterprise blend. Details about the directors and govt officers of Armada is established forth in Armada’s ultimate prospectus relating to its original general public providing, dated August 12, 2021, which was filed with the SEC on August 16, 2021 and is readily available free of charge of demand at the SEC’s world-wide-web web page at www.sec.gov. Information about the administrators and executive officers of Cayman NewCo and Rezolve and extra in depth information and facts with regards to the identification of all possible members, and their direct and oblique passions by protection holdings or in any other case, will be set forth in the definitive proxy assertion/prospectus for the proposed small business mix when offered. More info about the identity of all potential individuals in the solicitation of proxies to Armada’s stockholders in link with the proposed company blend and other issues to be voted on at the exclusive conference, and their direct and oblique interests, by security holdings or otherwise, will be bundled in the definitive proxy statement/prospectus, when it gets to be available.
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