Rezolve AI plc Offers Exchange for Commerce.com, Inc. Shares

Rezolve AI plc has issued a Form 6-K detailing a potential exchange offer for shares of Commerce.com, Inc. This offer, communicated via a letter to shareholders, a press release, and a video transcript, proposes an exchange of 2 shares of Commerce.com for 1 share of Rezolve AI. Rezolve AI cites Commerce.com's significant stock value decline (96% since IPO), lack of credible turnaround plan, and illiquid "zombie stock" status as reasons for this direct offer to shareholders. They highlight Commerce.com's underutilized assets and potential for transformation within Rezolve AI's AI-native infrastructure, projecting a combined entity with over $700 million in revenue and profitability. Rezolve AI emphasizes the offer as a significant value creation opportunity, providing Commerce.com shareholders with a more liquid and potentially valuable asset compared to their current holdings. The company has also alerted Commerce.com shareholders about the fiduciary concerns regarding their board's rejection of a prior, more generous offer and their refusal to engage in discussions.