Business
Armada Acquisition Corp. I Announces Effectiveness of Registration Statement for Proposed Business Combination with Rezolve AI Limited
Special Meeting of Stockholders Scheduled for July 30, 2024 PHILADELPHIA and LONDON, July 11, 2024 /PRNewswire/ -- Armada Acquisition Corp. I, (Nasdaq: AACI)
About this update from Armada Acquisition Corp. Ii
[{"type":"text","content":"Special Meeting of Stockholders Scheduled for July 30, 2024\nPHILADELPHIA and LONDON, July 11, 2024 /PRNewswire/ -- Armada Acquisition Corp. I, (Nasdaq: AACI) a publicly traded special purpose acquisition company (\"Armada\"), announced today that on July 9, 2024, the U.S. Securities and Exchange Commission (\"SEC\") declared effective the Registration Statement on Form F-4 (the \"Registration Statement\") filed by Rezolve AI Limited (\"Rezolve\"). The Registration Statement contains a proxy statement of Armada and a prospectus of Rezolve in connection with their previously announced business combination (the \"Business Combination\"). Upon the closing of the proposed Business Combination, Rezolve will become a public company and is expected to be listed on the Nasdaq under the ticker symbol \"RZLV.\"\n\nThe Registration Statement provides important information about Rezolve's business, engagement platform, its AI driven systems and intellectual property, as well as the proposed Business Combination, and the proposals to be considered by Armada's shareholders.\n\"Armada and Rezolve have worked collaboratively and diligently toward executing the Business Combination, and we believe we're at the verge of achieving our long held goal of taking Rezolve public,\" said Stephen P. Herbert, CEO and Chairman of Armada.\n\"Rezolve's AI driven approach to commercial engagement we believe represents an opportunity for retailers, brands, and manufacturers to create robust, dynamic connections with consumers, transcending barriers of location and device, whether they are mobile or desktop,\" said Douglas M. Lurio, President and Director of Armada.\n\"Rezolve AI is well positioned for a strong public debut, with an experienced management team and a SAAS based, generative AI powered sales engine that is designed to help retailers improve search, advice and revenue generation,\" said Daniel M. Wagner, Chairman and CEO of Rezolve.\nArmada will hold a Special Meeting of Stockholders at 10:00 a.m. Eastern time on July 30, 2024 to approve, among other things, the previously announced business combination with Rezolve. Shareholders of record at the close of business on July 3, 2024 will be entitled to receive notice of and to vote at the Special Meeting. The meeting will be held virtually over the internet by means of a live audio webcast. Shareholde...