{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-006964","form_type":"8-K","ticker":"RDZN","cik":"0001868640","company_name":"Roadzen Inc.","filed_at":"2024-01-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.166065+00:00","generated_at":"2026-06-06T19:29:21.126369+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Roadzen issues $500K convertible debenture to director; part of $50M private placement","bullets":["Issued $500,000 convertible debenture to director Supurna VedBrat on January 19, 2024.","Debenture carries 13% annual interest, payable in kind or cash, maturing December 15, 2025.","Conversion price initially $10.00 per share, adjustable based on 30-day VWAP with 85% floor.","Company may force conversion if stock closes above 130% of conversion price for 20 of 30 trading days.","Issued under Securities Purchase Agreement for up to $50M; warrants for 10% of principal at $8.50 per share."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-006964","json":"https://secwatch.observer/filing/0000950170-24-006964.json","markdown":"https://secwatch.observer/filing/0000950170-24-006964.md","text":"https://secwatch.observer/filing/0000950170-24-006964.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1868640/000095017024006964/0000950170-24-006964-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1868640/000095017024006964/rdzn-20240119.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T19:29:21.126369+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"9e8fa2f34f6ab4702b3dd5a5ef0351a3f0d8fdfd","claim":"Roadzen Inc. incurred convertible notes of $500,000 with Supurna VedBrat at 13% per annum maturing December 15, 2025.","evidence_excerpt":"On January 19, 2024, Roadzen Inc. (the “Company”) issued a convertible debenture in the principal amount of $500,000 to Supurna VedBrat (the “VedBrat Debenture”)","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1868640/000095017024006964/0000950170-24-006964-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$500,000"},{"label":"Counterparty","value":"Supurna VedBrat"},{"label":"Rate","value":"13% per annum"},{"label":"Maturity","value":"December 15, 2025"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"fc75bcba86b1b59ab04662bf3bad27d1f813198b","claim":"Roadzen Inc. incurred convertible notes of $50 million with the Investors at 13% per annum maturing December 15, 2025.","evidence_excerpt":"the Company may issue and sell an aggregate of up to $50 million in principal amount of convertible debentures (collectively, including the VedBrat Debenture, the “Debentures”)","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1868640/000095017024006964/0000950170-24-006964-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$50 million"},{"label":"Counterparty","value":"the Investors"},{"label":"Rate","value":"13% per annum"},{"label":"Maturity","value":"December 15, 2025"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}