Rezolve AI launches hostile takeover bid for Commerce.com

Rezolve AI (NASDAQ:RSLV) has launched a hostile takeover bid for Commerce.com (NASDAQ:CMRC), taking its proposal directly to shareholders after saying the target's board refused merger discussions. Rezolve is proposing an all-stock transaction, offering two Commerce.com shares for each Rezolve share, and described the deal as a way to provide liquidity for investors and unlock value from Commerce.com's customer base, network of 60,000 online stores, and enterprise relationships.