---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-050430"
form_type: "8-K"
ticker: "RDZN"
cik: "0001868640"
company_name: "Roadzen Inc."
filed_at: "2024-12-17T23:59:59+00:00"
generated_at: "2026-05-29T02:34:44.775880+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Roadzen closes public offering of 2.3M shares at $1.25, gross proceeds $2.875M

## Summary
- Gross proceeds of $2.875M from sale of 2.3M shares/pre-funded warrants, including full exercise of underwriter's 300,000-share over-allotment.
- Net proceeds of approximately $2.5M after underwriting discounts and expenses.
- Proceeds to be used for sales/marketing, R&D, working capital, general corporate purposes, and possibly debt repayment.
- ThinkEquity acted as sole book-running manager; underwriter received warrants to purchase 115,000 shares at $1.5625 per share.
- 30-day lock-up restricts issuance of securities at effective price below $1.25 per share without prior consent.

## SEC filing metadata
- accession: 0001493152-24-050430
- form_type: 8-K
- ticker: RDZN
- cik: 0001868640
- company_name: Roadzen Inc.
- filed_at: 2024-12-17T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1868640/000149315224050430/0001493152-24-050430-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1868640/000149315224050430/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-050430
- JSON: https://secwatch.observer/filing/0001493152-24-050430.json
- Plain text: https://secwatch.observer/filing/0001493152-24-050430.txt

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