Rezolve, a leader in mobile commerce and engagement, and Grupo
Carso, today announced a strategic partnership that will see
Rezolve’s technology integrated into Claro Shop and T1 Comercios,
one of Mexico’s largest online marketplaces, and is expected to
transform the mobile shopping experience for millions of consumers.
Claro Shop is a leader in Mexico’s fast-growing ecommerce sector
featuring more than 2,000,000 products in thousands of official
stores. The company works with more than 10,000 well-known brands,
including global leaders like Levi’s, Puma, Apple, Samsung, and
Nike. Claro Shop reported over 10 million mobile users in 2019. T1
Comercios, owned by Claro Shop, is part of Grupo Carso, which
consists of 268 companies.
Rezolve, an enterprise SaaS platform designed from the ground up
specifically for mobile commerce and engagement, is positioned to
become an engine of mobile engagement that enables the
transformation of interactions between consumers and merchants on
mobile devices. Using the Rezolve platform, merchants can lead
consumers directly to special offers by using mobile technology
like geofencing, notifications on smartphones, Bluetooth beacons,
or watermarked advertisements.
With ‘Rezolve Inside’ powering the Claro Shop App, users will
benefit from a truly omnichannel experience, interacting with
stores based on location, image, audio, social media and more,
allowing users to make an instant purchase with a single click. In
addition, merchants will be able to engage with consumers wherever
they are bringing Claro Shop into the physical world with online to
offline and offline to online engagement.
“We are delighted to announce this agreement with Claro Shop and
Grupo Carso,” said Dan Wagner, Rezolve’s Chairman and CEO. “Claro
Shop will be the first to offer Rezolve’s leading mobile commerce
and engagement platform in Mexico. Rezolve has enjoyed a strong
growth in Asia, and now with this strategic partnership we will be
able to grow our presence in Mexico as well.”
Rezolve currently has go-to-market partner agreements with
leading global players that have a combined global reach of over 20
million merchants and over 1 billion consumers across China, Asia,
Europe, North America, and now Central America as well. Rezolve’s
platform already serves over 230,000 of those merchants today.
About RezolveRezolve is taking retailing into a
new era of customer engagement with a proprietary mobile engagement
platform. The Rezolve Platform is a powerful set of mobile commerce
and engagement capabilities that provide mobile application vendors
with a range of valuable commercial opportunities that can be
realized without having to develop code, host operations or manage
security. The Rezolve Inside SDK allows mobile application vendors
to quickly deliver innovation for their consumers into existing or
new mobile apps. Rezolve was founded in 2016, is headquartered in
London, UK and has offices including: Shanghai, New Delhi, Taipei,
Frankfurt, Madrid and New Mexico. (www.rezolve.com).
About Grupo Carso Grupo Carso is one of
the largest and most important diversified conglomerates in Latin
America and is controlled by the family of Carlos Slim. The Group
has an important presence in the Mexican economy, where it remains
one of the market leaders thanks to an exceptional portfolio of
formats, products and services.Since its foundation 41 years ago,
Grupo Carso has been characterized by its dynamism, its innovation
in processes and technologies, and the sustainable management of
resources. Within the sectors that constitute it, operating
synergies have been achieved, profitability and constant cash flows
have been generated, which has meant a history of creating
long-term value for shareholders.
About Armada Acquisition Corp. IArmada
Acquisition Corp. I is a blank check company whose business purpose
is to effect a merger, capital stock exchange, asset acquisition,
stock purchase, reorganization or similar business combination with
one or more businesses. Armada was founded on November 5, 2020 and
is headquartered in Philadelphia, PA.
Important Information About the Proposed Transaction
with Armada Acquisition Corp. I and Where to Find
It On December 17, 2021, Rezolve Limited, a private
limited liability company registered under the laws of England and
Wales (“Rezolve”), entered into a business combination agreement,
dated as of December 17, 2021, with Armada Acquisition Corp. I, a
Delaware corporation (“Armada”), Rezolve Group Limited, a Cayman
Islands exempted company (“Cayman NewCo”), and Rezolve Merger Sub,
Inc., a Delaware corporation (“Rezolve Merger Sub”), which was
amended on November 10, 2022 by that certain First Amendment to the
Business Combination Agreement whereby Cayman Newco is no longer a
party to the business combination agreement or the business
combination.
This communication relates to the proposed business combination
transaction among Armada, Rezolve, and Rezolve Merger Sub, Inc. A
full description of the terms of the transaction will be provided
in a registration statement on Form F-4 that Rezolve intends to
file with the SEC that will include a prospectus of Rezolve with
respect to the securities to be issued in connection with the
proposed business combination and a proxy statement of Armada with
respect to the solicitation proxies for the special meeting of
stockholders of Armada to vote on the proposed business
combination. Armada urges its investors, stockholders and other
interested persons to read, when available, the preliminary proxy
statement/ prospectus as well as other documents filed with the SEC
because these documents will contain important information about
Armada, Rezolve, Rezolve Merger Sub and the transaction. After the
registration statement is declared effective, the definitive proxy
statement/prospectus to be included in the registration statement
will be mailed to shareholders of Armada as of a record date to be
established for voting on the proposed business combination. Once
available, shareholders will also be able to obtain a copy of the
Registration Statement on Form F-4, including the proxy
statement/prospectus included therein, and other documents filed
with the SEC without charge, by directing a request to: Armada
Acquisition Corp. I, 1760 Market Street, Suite 612, Philadelphia,
PA 19103 USA; (215) 543-6886. The preliminary and definitive proxy
statement/prospectus to be included in the registration statement,
once available, can also be obtained, without charge, at the SEC’s
website (www.sec.gov). This communication does not contain all the
information that should be considered concerning the proposed
business combination and is not intended to form the basis of any
investment decision or any other decision in respect of the
business combination. Before making any voting or investment
decision, investors and security holders are urged to read the
registration statement, the proxy statement/prospectus and all
other relevant documents filed or that will be filed with the SEC
in connection with the proposed business combination as they become
available because they will contain important information about the
proposed transaction.
Forward-Looking Statements
This communication contains forward-looking statements that are
based on beliefs and assumptions and on information currently
available. In some cases, you can identify forward-looking
statements by the following words: “may,” “will,” “could,” “would,”
“should,” “expect,” “intend,” “plan,” “anticipate,” “believe,”
“estimate,” “predict,” “project,” “potential,” “continue,”
“ongoing” or the negative of these terms or other comparable
terminology, although not all forward-looking statements contain
these words. These statements involve risks, uncertainties and
other factors that may cause actual results, levels of activity,
performance or achievements to be materially different from the
information expressed or implied by these forward-looking
statements. We caution you that these statements are based on a
combination of facts and factors currently known by us and our
projections of the future, which are subject to a number of risks.
Forward-looking statements in this communication include, but are
not limited to, statements regarding the proposed Business
Combination, including the structure of the transaction, statements
regarding the expectations of the strategic partnership between
Rezolve and Grupo Caruso transforming the mobile shopping
experience, as well as statements regarding Rezolve’s platform
transforming interactions between consumers and merchants on mobile
devices, leading consumers directly to special offers and the
benefits of the Rezolve technology to consumers and merchants.
These forward looking statements are subject to a number of risks
and uncertainties, including, among others, those risks to be
included under the header “Risk Factors” in the registration
statement on Form F-4 to be filed by Rezolve with the SEC and those
risks included under the header “Risk Factors” and “Cautionary Note
Regarding Forward-Looking Statements” in the final prospectus of
Armada related to its initial public offering filed with the U.S.
Securities and Exchange Commission on August 16, 2021. Furthermore,
if the forward-looking statements prove to be inaccurate, the
inaccuracy may be material. In addition, you are cautioned that
past performance may not be indicative of future results. In light
of the significant uncertainties in these forward-looking
statements, you should not rely on these statements in making an
investment decision or regard these statements as a representation
or warranty by us or any other person that we will achieve our
objectives and plans in any specified time frame, or at all. The
forward-looking statements in this communication represent our
views as of the date of this communication. We anticipate that
subsequent events and developments will cause our views to change.
We have no intention to update the forward-looking statements
herein, except to the extent required by applicable law. You
should, therefore, not rely on these forward-looking statements as
representing our views as of any date subsequent to the date of
this communication.
No Offer or Solicitation
This communication is for informational purposes only and does
not constitute an offer or for a solicitation of an offer to buy or
sell securities, assets or the business described herein or a
commitment to Armada or Rezolve, nor is it a solicitation of any
vote, consent or approval in any jurisdiction pursuant to or in
connection with the proposed business combination or otherwise, nor
shall there be any offer, sale, issuance or transfer of securities
in any jurisdiction in contravention of applicable law.
Participants in SolicitationArmada, Rezolve,
and Rezolve Merger Sub and their respective directors and executive
officers, may be deemed participants in the solicitation of proxies
of Armada’s stockholders in respect of the proposed business
combination. Information about the directors and executive officers
of Armada is set forth in Armada’s proxy statement on Schedule 14A
for its 2023 Annual Meeting of Stockholders, which was filed with
the SEC on January 5, 2023 and is available free of charge at the
SEC’s web site at www.sec.gov. Information about the directors and
executive officers of Rezolve Rezolve Merger Sub and more detailed
information regarding the identity of all potential participants,
and their direct and indirect interests by security holdings or
otherwise, will be set forth in the definitive proxy
statement/prospectus for the proposed business combination when
available. Additional information regarding the identity of all
potential participants in the solicitation of proxies to Armada’s
stockholders in connection with the proposed business combination
and other matters to be voted upon at the special meeting, and
their direct and indirect interests, by security holdings or
otherwise, will be included in the definitive proxy
statement/prospectus, when it becomes available.
ContactsFor Rezolve:Investor Contact:Kevin
HuntRezolveIR@icrinc.com
Media Contact:Urmee Khanurmeekhan@rezolve.com44-7576-094-040
Media Contact:Edmond LococoICR Inc.RezolvePR@icrinc.com
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