---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-154361"
form_type: "8-K"
ticker: "RDZN"
cik: "0001868640"
company_name: "Roadzen Inc."
filed_at: "2023-05-25T23:59:59+00:00"
generated_at: "2026-06-14T15:01:38.602012+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Vahanna Tech Edge extends business combination deadline to June 2023 with $660K trust deposit

## Summary
- Sponsor deposited $660,330 ($0.033/share) into trust to extend deadline by one month to June 26, 2023.
- Vahanna issued unsecured promissory note to sponsor: principal $726,363, 10% OID, 20% interest p.a.
- Extension provides additional time to complete merger with Roadzen, Inc., a insurtech firm.
- Note due at earlier of business combination closing or company liquidation.

## SEC filing metadata
- accession: 0001193125-23-154361
- form_type: 8-K
- ticker: RDZN
- cik: 0001868640
- company_name: Roadzen Inc.
- filed_at: 2023-05-25T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1868640/000119312523154361/0001193125-23-154361-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1868640/000119312523154361/d499713d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-154361
- JSON: https://secwatch.observer/filing/0001193125-23-154361.json
- Plain text: https://secwatch.observer/filing/0001193125-23-154361.txt

## Key facts
- Debt Financings
  Roadzen Inc. incurred loan of $726,363 with Vahanna LLC (Sponsor) at 20.0% per annum maturing the earlier of (i) the date on which the Business Combination is consummated and (ii) the date of the liquidation of the Company.
  - Instrument: loan
  - Principal: $726,363
  - Counterparty: Vahanna LLC (Sponsor)
  - Rate: 20.0% per annum
  - Maturity: the earlier of (i) the date on which the Business Combination is consummated and (ii) the date of the liquidation of the Company
  - Event: incurrence
  source text: Vahanna issued to Sponsor an unsecured promissory note (the “Note”) with an original issue discount of ten percent (10.0%) and a principal amount of $726,363. The Note bears interest at a rate of twenty percent (20.0%) per annum and will be due and payable (subject to the waiver against trust provisions) on the earlier of (i) the date on which the Business Combination is consummated and (ii) the date of the liquidation of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1868640/000119312523154361/0001193125-23-154361-index.htm
- Material Agreements
  Roadzen Inc. entered into Business Combination Agreement with Vahanna, Roadzen, Inc., Vahanna Merger Sub Corp. (effective 2023-02-10).
  - Action: entry
  - Agreement: merger
  - Counterparty: Vahanna, Roadzen, Inc., Vahanna Merger Sub Corp.
  - Effective: 2023-02-10
  source text: business combination agreement, dated February 10, 2023 (the “Business Combination Agreement”), by and among (i) Vahanna, (ii) Roadzen, Inc., a Delaware Corporation (“Roadzen”), and (iii) Vahanna Merger Sub Corp.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1868640/000119312523154361/0001193125-23-154361-index.htm
- Material Agreements
  Roadzen Inc. entered into Note with Vahanna LLC valued at principal amount of $726,363.
  - Action: entry
  - Agreement: notes offering
  - Counterparty: Vahanna LLC
  - Value: principal amount of $726,363
  source text: Vahanna issued to Sponsor an unsecured promissory note (the “Note”) with an original issue discount of ten percent (10.0%) and a principal amount of $726,363.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1868640/000119312523154361/0001193125-23-154361-index.htm

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