Rezolve Announced That It Had Entered Into A Definitive Business Combination Agreement With Armada Acquisition Corp. I

Rezolve announced that it had entered into a definitive business combination agreement with Armada Acquisition Corp. I (NASDAQ:AACI), a publicly traded special purpose acquisition company. Upon closing of the transaction, the combined company’s shares are expected to trade on the NASDAQ under the ticker symbol “ZONE”.)

Also note that this press release should be read in conjunction with an announcement video available at www.rezolve.com/investors.

LONDON, July 13, 2022 (GLOBE NEWSWIRE) -- Rezolve, a leader in mobile commerce and engagement, today announced the launch of SmartCode, a new trigger built on Rezolve’s platform, designed to provide an efficient approach for merchants to engage consumers and drive instant transactions.

Extending the standard QR code, SmartCode enhances mobile engagement with ‘One click checkout’ for physical locations, providing advanced experiences in mobile engagement for both merchants and consumers. Typically, a QR code provides a way to interact with a fixed page, while SmartCodes transfer consumers to the merchant’s app where they can instantly interact with the product or directly place an order. In addition, SmartCode helps merchants obtain new app users by leading new customers to the app store when they scan the code. Customers will be automatically redirected to the content that is linked to the SmartCode after the app is installed.

Designed to be trackable and measurable, SmartCodes enable merchants to capture user data and understand customers’ profiles with built-in analytics tools, offering business guidance to boost conversions and drive transactions. Furthermore, merchants can deliver different campaigns by adjusting content and changing schedules within the SmartCode any time, which brings convenience and helps greatly improve marketing efficiency.

“This is a new kind of QR code that allows a consumer to scan it and instantly buy or interact with that product,” said Dan Wagner, Rezolve’s Chairman and CEO. “Rezolve’s SmartCode does this with one click. We're very proud to introduce this new trigger based upon an old trigger, familiar to many, but unique and new. Rezolve’s SmartCode is a smarter, more efficient, and we believe eminently more transactable way to interact with consumers today.”

Rezolve, an enterprise SaaS platform designed from the ground up specifically for mobile commerce and engagement, is positioned to become the engine of mobile engagement that enables the transformation of interactions between consumers and merchants on mobile devices. With various mobile technologies including geofencing, Bluetooth beacons, watermarked advertisements, and now Smart Codes, Rezolve continues to provide merchants with new approaches that lead consumers directly to special offers.