Commerce.com, Inc. has twice rejected an all-stock merger proposal from Rezolve AI. The initial offer of one Rezolve share for each Commerce.com share was unanimously turned down by the board, as was a revised offer of one Rezolve share for two Commerce.com shares. Rezolve AI criticized the board for failing to protect shareholder value, noting that Commerce.com shares have lost more than 96% of their value under current leadership and that annual recurring revenue growth has slowed to 3% year over year, with the board forecasting 1.5% growth.
Commerce.com, Inc.Board rejected merger proposals, and article highlights 96% stock decline and slowing revenue growth.
Rezolve AI Limited Ordinary SharesRezolve AI's merger proposal was twice rejected, indicating failed acquisition attempt.