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Rezolve AI Ltd (PubCo)
London, England
$6,315,000
Stock Loan
Funded Date: November 14, 2024
Overview of the Transaction – Resolve AI was seeking a loan from their shares.
Significance of Transaction – The client has received several new contracts, and this loan will help them with working capital to complete the work.
eQcho’s Role – The client sought a loan for the firm. However, due to regulatory requirements regarding affiliate status, we had to restructure the loan for an outside shareholder to borrow the funds to reinvest into the company.