Overview
- The company announced on June 12 that its board will ask shareholders at the June 30 annual meeting to approve a capital reduction and an agreement enabling up to $300 million of ordinary share repurchases.
- The capital reduction is required under UK law to create distributable reserves and the board expects to seek UK Court confirmation after the AGM with approval targeted by the end of August.
- Rezolve Ai has agreed terms with BTIG for a broker‑facilitated structure in which BTIG will buy shares in the market and the company may repurchase those shares within agreed price ranges.
- The company plans to start repurchases using existing cash reserves while it evaluates non‑dilutive financing and other capital actions, but any buys are discretionary and may be suspended or changed.
- If approved and executed the program could support shareholder value and affect trading liquidity and share price, while the firm continues to prioritize growth investments, potential M&A, and legal compliance.