Rezolve AI (NASDAQ:RZLV) 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.
The company criticized Commerce.com’s leadership for long-term share price decline and stagnant revenue growth, noting the stock has fallen more than 96% since its 2020 IPO.
Rezolve highlighted its own recent performance, including rapid revenue growth in late 2025 and a strong pipeline entering 2026, as well as its high daily trading volume and industrial-scale infrastructure.
The company said a combined entity could generate over $700 million in revenue and reach immediate profitability.
Commerce.com has not yet commented on the bid.
Shares of Commerce.com jumped almost 7% to about $2.90 on the news, while Rezolve AI stock was down less than 1% at about $2.85.