Yellow.ai, a Global Leader in Enterprise Agentic AI, to Go Public via $550 Million Merger with Bluerock Acquisition Corp. (Nasdaq: BLRK)
PR Newswire
SAN MATEO, Calif. and NEW YORK, Aug. 3, 2026
Transaction expected to create a U.S. publicly listed pure-play enterprise agentic AI platformCategory leader, deployed at scale today: Global enterprise agentic AI platform — 16 billion conversations annually, 650+ enterprise clients, $34M+ unaudited revenue last fiscal year.Technology: Nexus runs on multiple AI models — not locked to one provider — and improves with every conversation. 135+ languages, 85+ countries, 100+ enterprise integrations.Blue-chip backing: $100M+ raised from Lightspeed, Salesforce Ventures, Sapphire Ventures and WestBridge Capital.Valuation: Transaction metrics imply a pro forma equity value of ~$550 million, assuming no redemptions by BLRK public shareholders. Includes $30 million of committed PIPE financing from institutional investors.Long-term alignment: The founders and key management are investing their own capital in the PIPE, side by side with institutional investors.SAN MATEO, Calif. and NEW YORK, Aug. 3, 2026 /PRNewswire/ -- Yellow.ai, a global leader in enterprise agentic AI for service automation, and Bluerock Acquisition Corp. (Nasdaq: BLRK) ("Bluerock"), a publicly traded special purpose acquisition company, today announced a definitive Business Combination Agreement ("BCA") expected to take Yellow.ai public. At closing, the combined company will operate as Yellow.ai and trade on The Nasdaq Capital Market under the ticker "YAI."
