Rezolve AI has bypassed the board of Commerce.com to take its acquisition offer directly to shareholders. The move follows the rejection of an initial proposal to merge the two companies.
- Rezolve AI (RZLV) initiates hostile bid for Commerce.com (CMRC)
- Offer follows the rejection of an initial acquisition proposal
- Exchange ratio set at 1 RZLV share for every 2 CMRC shares
- Bid is being taken directly to shareholders to bypass board opposition
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