---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-173854"
form_type: "8-K"
ticker: "RDZN"
cik: "0001868640"
company_name: "Roadzen Inc."
filed_at: "2023-06-23T23:59:59+00:00"
generated_at: "2026-06-13T18:28:23.641811+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Vahanna Tech Edge extends business combination deadline to July 26 with $660K trust deposit

## Summary
- Sponsor deposited $660,330 ($0.033/share) into trust to extend deadline one month to July 26, 2023.
- The extension is the second of three permitted one-month extensions under the SPAC's governing documents.
- Promissory note principal updated to $1,452,726; bears 20% interest with 10% OID.
- Business combination with Roadzen Inc. expected to close in Q3 2023, subject to approvals.
- Extension supports the proposed merger with Roadzen, an AI-powered insurance technology company.

## SEC filing metadata
- accession: 0001193125-23-173854
- form_type: 8-K
- ticker: RDZN
- cik: 0001868640
- company_name: Roadzen Inc.
- filed_at: 2023-06-23T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1868640/000119312523173854/0001193125-23-173854-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1868640/000119312523173854/d511692d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-173854
- JSON: https://secwatch.observer/filing/0001193125-23-173854.json
- Plain text: https://secwatch.observer/filing/0001193125-23-173854.txt

## Key facts
- Debt Financings
  Roadzen Inc. incurred debt of $1,452,726 with Vahanna LLC (Sponsor) at twenty percent (20.0%) per annum with an original issue discount of ten percent maturing the earlier of (i) the date on which the Business Combination is consummated and (ii) the date of the liquidation of the Company.
  - Principal: $1,452,726
  - Counterparty: Vahanna LLC (Sponsor)
  - Rate: twenty percent (20.0%) per annum with an original issue discount of ten percent
  - 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: the principal amount of the Note was updated to $1,452,726 to reflect the Extension Payment. The Note bears interest at a rate of twenty percent (20.0%) per annum with an original issue discount of ten percent (10.0%) and will be due and payable
  evidence_url: https://www.sec.gov/Archives/edgar/data/1868640/000119312523173854/0001193125-23-173854-index.htm

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