Rezolve Ai Rejects Commerce.com Board's Standalone Recovery Claims, Proposes Acquisition

Rezolve Ai says Commerce.com's Board is 'hallucinating a turnaround' and offers shareholders a path to greater liquidity and growth.

Apr. 9, 2026 at 3:30pm

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A minimalist, high-contrast studio photograph featuring a stack of sleek, metallic business documents and a modern pen, symbolizing the abstract concepts of corporate strategy and market dynamics.The proposed acquisition of Commerce.com by Rezolve Ai could unlock new opportunities for growth and liquidity, challenging the e-commerce company's Board to defend its standalone recovery claims.NYC Today

Rezolve Ai PLC, a leader in AI-powered commerce infrastructure, has rejected Commerce.com's Board of Directors' dismissal of Rezolve's proposal to acquire the company. Rezolve says Commerce.com's Board is asking shareholders to believe in a 'fiction' about the company's standalone recovery potential, and is offering Commerce.com shareholders a path to greater liquidity, growth, and long-term value creation through a combination with Rezolve.

Why it matters

The dispute highlights the divergent views between Rezolve, a high-growth AI platform, and Commerce.com, a struggling e-commerce company. The outcome could determine the future direction and ownership of Commerce.com, with significant implications for its shareholders and the broader e-commerce landscape.

The details

Rezolve has proposed acquiring Commerce.com through an exchange of one Rezolve share for every two Commerce.com shares. However, Commerce.com's Board rejected the offer, describing it as a 'discount' to the company's current trading price and arguing that its recent 'material business transformation' justified rejecting further engagement. Rezolve's CEO Daniel M. Wagner says Commerce.com's Board is 'hallucinating a turnaround that simply is not there', and that a 'screen price is not liquidity, a rebrand is not transformation and 3% growth is not a recovery story'.

  • On April 8, the Commerce.com Board rejected Rezolve's acquisition proposal.
  • Rezolve says it remains committed to pursuing a disciplined, highly accretive combination with Commerce.com.

The players

Rezolve Ai PLC

An industry leader in AI-powered solutions, specializing in enhancing customer engagement, operational efficiency, and revenue growth.

Commerce.com Inc.

A struggling e-commerce company that Rezolve has proposed to acquire.

Daniel M. Wagner

Chairman and CEO of Rezolve Ai PLC.

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What they’re saying

“Commerce.com's Board is hallucinating a turnaround that simply is not there. Rezolve Ai was built to eliminate hallucinations from commerce. Boards should hold themselves to the same standard. A screen price is not liquidity, a rebrand is not transformation and 3% growth is not a recovery story. Shareholders are being asked to accept fiction as value while the Board rejects an offer from a business moving at an entirely different pace.”

— Daniel M. Wagner, Chairman and CEO of Rezolve Ai PLC

What’s next

Rezolve remains committed to pursuing a disciplined, highly accretive combination with Commerce.com and communicating directly with Commerce.com shareholders regarding what it believes is a superior path to liquidity, growth and long-term value creation.

The takeaway

The dispute between Rezolve and Commerce.com's Board highlights the divergent views on the e-commerce company's recovery potential, with Rezolve offering an alternative path forward through an acquisition that could provide greater liquidity and growth opportunities for Commerce.com shareholders.