Roadzen closes $5M best-efforts offering of 2.2M shares at $2.25/share

Roadzen Inc.

Priced 2,222,300 ordinary shares at $2.25 each for gross proceeds of $5,000,175.
Net proceeds to fund sales/marketing, R&D, working capital, and possible debt repayment.
Placement agent ThinkEquity received 7.0% cash fee and 5-year warrants for 111,115 shares at $2.8125.
30-day lock-up restricts Roadzen from issuing further securities or filing registration without agent consent.
Offering closed January 6, 2025; securities sold under effective S-3 shelf registration.

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