Roadzen secures $4M additional debt from Mizuho, extends maturity to Dec 2024

Roadzen Inc.

Amended note purchase agreement increases senior secured notes from $7.5M to $11.5M at 15% interest.
Maturity extended to December 31, 2024; no additional warrants were issued.
CEO states this aids balance sheet simplification and paying inherited going-public costs.
Additional $4M purchased by Mizuho under exemption from registration requirements.

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