Rezolve Ai (RZLV) and its leading investors have entered into a series of transactions agreeing to the conversion of $49M of the outstanding convertible loan note into equity. The debt subject to conversion was issued pursuant to the secured convertible loan note instrument dated December 16, 2021, as amended and restated. The aggregate $49M equity conversion reinforces Rezolve Ai’s financial strength and is expected to position the company to expand its AI-driven offerings, including Brain Commerce, Brain Checkout, and their proprietary foundation language model, brainpowa.
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