Rezolve Ai receives court approval for $300 million share buyback

Rezolve Ai (NASDAQ: RZLV) has obtained court approval for a proposed capital reduction, a move that facilitates the implementation of a share repurchase program valued at up to $300 million.

Following shareholder approval, the company intends to begin repurchases once remaining procedural requirements are met, subject to market conditions and liquidity. Under an arrangement with BTIG, the firm expects BTIG to purchase ordinary shares in the market, which Rezolve Ai will then repurchase from the institution. The program is not an obligation to acquire a specific amount of shares and may be modified or discontinued at any time.