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Rezolve Ai Announces Initiation of Equity Analyst Coverage by D. Boral Capital

Rezolve Ai (Nasdaq: RZLV), an AI solutions provider for retail and eCommerce, announced that D. Boral Capital has initiated equity research coverage with a "Buy" recommendation.

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Rezolve Ai (Nasdaq: RZLV), an AI solutions provider for retail and eCommerce, announced that D. Boral Capital has initiated equity research coverage with a "Buy" recommendation. The PR discloses that D. Boral Capital received compensation from Rezolve for providing investment banking services, indicating a potential conflict of interest in the coverage initiation.

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Positive

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Negative

  • Research coverage initiated by a firm that received compensation for investment banking services, indicating potential conflict of interest
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NEW YORK, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Rezolve Ai (Nasdaq: RZLV), a leader in artificial intelligence solutions for retail and eCommerce, today announced that an independent Wall Street equity research analyst firm, D. Boral Capital, has initiated coverage on the Company with initial "Buy" recommendation.

The information above is solely for informational purposes and is not intended as a solicitation to make investments. Please note that any opinions, estimates or forecasts regarding Rezolve’s performance made by analysts are theirs alone and do not represent opinions, forecasts or predictions of Rezolve or its management. Rezolve does not by its reference above, or by distribution, imply its endorsement of or concurrence with such information, conclusions or recommendations.

D. Boral Capital has received compensation from Rezolve directly for providing investment banking services to Rezolve. 

Forward-Looking Statements
This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1996. The actual results of Rezolve Ai Limited (“Rezolve”) may differ from their expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect”, “estimate”, “project”, “budget”, “forecast”, “anticipate”, “intend”, “plan”, “may”, “will”, “could”, “should”, “believes”, “predicts”, “potential”, “continue”, and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, Rezolve’s expectations with respect to sales from its co-selling arrangements and descriptions of future performance. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Forward-looking statements in this press release include Rezolve’s expectations. You should carefully consider the risks and uncertainties described in the “Risk Factors” section of Rezolve’s amended registration statement on Form F-4 (File No. 333-272751) filed with the U.S. Securities and Exchange Commission ("SEC") on July 5, 2024, and declared effective by the SEC on July 9, 2024 (the "Registration Statement") and its subsequent filings made with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Most of these factors are outside Rezolve’s control and are difficult to predict. Factors that may cause such differences include, but are not limited to: (1) competition, the ability of Rezolve to grow and manage growth profitably, and retain its management and key employees; (2) costs related to Rezolve’s completed business combination with Armada Acquisition Corp. I; (3) changes in applicable laws or regulations; and (4) weakness in the economy, market trends, uncertainty and other conditions in the markets in which Rezolve operates, and other factors beyond its control, such as inflation or rising interest rates. Rezolve cautions that the foregoing list of factors is not exclusive and not to place undue reliance upon any forward-looking statements, including projections, which speak only as of the date made. Neither Armada nor Rezolve undertakes or accepts any obligation to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based.

About Rezolve AI:

Rezolve AI is a pioneer in AI-powered solutions for commerce and retail, focused on transforming customer engagement and driving growth through innovative technology. For more information, visit http://www.rezolve.com.

Media Contacts:

Rezolve AI
Urmee Khan
Global Head of Communications
urmeekhan@rezolve.com   
+44 7576 094 040


FAQ

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What is the stock recommendation given to Rezolve AI (RZLV) by D. Boral Capital?

D. Boral Capital initiated coverage on Rezolve AI (RZLV) with a 'Buy' recommendation.

Is there any conflict of interest in D. Boral Capital's coverage of RZLV?

Yes, D. Boral Capital received compensation from Rezolve AI for providing investment banking services, which represents a potential conflict of interest in their coverage.

When did D. Boral Capital initiate coverage on Rezolve AI (RZLV)?

D. Boral Capital initiated coverage on Rezolve AI (RZLV) on November 12, 2024.

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