{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-041340","form_type":"8-K","ticker":"RDZN","cik":"0001868640","company_name":"Roadzen Inc.","filed_at":"2024-04-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:20.995785+00:00","generated_at":"2026-06-04T02:28:25.003294+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 up to $4M in senior secured notes at 17.5% to directors","bullets":["First closing of $1M in notes ($500K each) from director Supurna VedBrat and Krishnan-Shah Family Partners LP; each may buy another $500K.","Notes bear 17.5% interest, rising to 19.5% after 6 months and up to 29.5% if unpaid; maturity 6 months from funding.","Warrants issued: 1,000 ordinary shares per $10,000 principal, exercise price at 80% of the lower of VWAP benchmarks.","Notes are senior secured with second priority behind Mizuho's existing liens; company must grant perfected security interests.","Company may sell up to $2M additional notes to other purchasers; registration rights agreement to be entered within 30 days."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-041340","json":"https://secwatch.observer/filing/0000950170-24-041340.json","markdown":"https://secwatch.observer/filing/0000950170-24-041340.md","text":"https://secwatch.observer/filing/0000950170-24-041340.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1868640/000095017024041340/0000950170-24-041340-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1868640/000095017024041340/rdzn-20240328.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T02:28:25.003294+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":"c2d5f5e152396f3362ded5d17a9bf41e3d576119","claim":"Roadzen Inc. entered into Securities Purchase Agreement with Supurna VedBrat and Krishnan-Shah Family Partners, LP valued at up to $2 million (effective 2024-03-28).","evidence_excerpt":"On March 28, 2024, Roadzen Inc. (the “Company”) entered into a Securities Purchase Agreement (the “SPA”) with Supurna VedBrat and Krishnan-Shah Family Partners, LP (together, the “Purchasers”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1868640/000095017024041340/0000950170-24-041340-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"Supurna VedBrat and Krishnan-Shah Family Partners, LP"},{"label":"Value","value":"up to $2 million"},{"label":"Effective","value":"2024-03-28"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}