---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-193548"
form_type: "8-K"
ticker: "RDZN"
cik: "0001868640"
company_name: "Roadzen Inc."
filed_at: "2023-07-25T23:59:59+00:00"
generated_at: "2026-06-13T03:22:55.717996+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Vahanna extends deadline for Roadzen merger to Aug 26 via $660K sponsor deposit

## Summary
- Sponsor deposited $660,330 ($0.033/share) into trust to extend deadline for Roadzen business combination by one month to August 26, 2023.
- Principal of promissory note to sponsor increased to $2,179,089; note capacity raised from $1.5M to $4.0M.
- Note bears 20% interest with 10% OID; payable upon deal close or liquidation.
- Business combination with Roadzen expected to close in Q3 2023, subject to shareholder approval and SEC review.
- This extension is the third and final permitted one-month extension under Vahanna's governing documents.

## SEC filing metadata
- accession: 0001193125-23-193548
- form_type: 8-K
- ticker: RDZN
- cik: 0001868640
- company_name: Roadzen Inc.
- filed_at: 2023-07-25T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1868640/000119312523193548/0001193125-23-193548-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1868640/000119312523193548/d509119d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-193548
- JSON: https://secwatch.observer/filing/0001193125-23-193548.json
- Plain text: https://secwatch.observer/filing/0001193125-23-193548.txt

## Key facts
- Debt Financings
  Roadzen Inc. amended loan of increased the aggregate principal amount available to be advanced and readvanced from $1,500,000 to $4,000,000 with Vahanna LLC 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.
  - Instrument: loan
  - Principal: increased the aggregate principal amount available to be advanced and readvanced from $1,500,000 to $4,000,000
  - Counterparty: Vahanna LLC
  - 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: amendment
  source text: On July 24, 2023, the Company and the Sponsor amended the Note (as defined below) in order to increase the aggregate principal amount available to be advanced and readvanced from $1,500,000 to $4,000,000.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1868640/000119312523193548/0001193125-23-193548-index.htm
- Debt Financings
  Roadzen Inc. incurred loan of aggregate of $660,330 with Vahanna LLC 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.
  - Instrument: loan
  - Principal: aggregate of $660,330
  - Counterparty: Vahanna LLC
  - 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: Exchange Act. ☐ Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. On July 24, 2023, an aggregate of $660,330 (the “Extension Payment”) was deposited by Vahanna LLC, a Delaware limited liability company (“Sponsor”), into the trust account of Vahanna Tech Edge Acquisition I Corp.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1868640/000119312523193548/0001193125-23-193548-index.htm

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