---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-085444"
form_type: "8-K"
ticker: "RDZN"
cik: "0001868640"
company_name: "Roadzen Inc."
filed_at: "2024-07-23T23:59:59+00:00"
generated_at: "2026-05-31T18:11:38.225460+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Roadzen exchanges $3.5M short-term debt for equity with CEO and Chairman

## Summary
- Related parties (CEO Rohan Malhotra's firm Avacara, Chairman's firms Marco Polo and Pi Capital) cancel $3.5M debt.
- Conversion price: greater of $2.80 or 30-trading-day VWAP after Form 10-Q filing; expected Issuance Date ~Sept 16, 2024.
- Exchange Shares subject to lockup: 30% salable after 91 days, 30% after 181 days, remainder after 9 months.
- Special Committee of Independent Directors unanimously approved the debt-for-equity exchange.
- CEO and Chairman cite balance sheet simplification and confidence in Roadzen's AI platform.

## SEC filing metadata
- accession: 0000950170-24-085444
- form_type: 8-K
- ticker: RDZN
- cik: 0001868640
- company_name: Roadzen Inc.
- filed_at: 2024-07-23T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1868640/000095017024085444/0000950170-24-085444-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1868640/000095017024085444/rdzn-20240718.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-085444
- JSON: https://secwatch.observer/filing/0000950170-24-085444.json
- Plain text: https://secwatch.observer/filing/0000950170-24-085444.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.