secwatch.observer — SEC 8-K summary
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Issuer:     Roadzen Inc. (RDZN)
CIK:        0001868640
Form:       8-K
Filed at:   2025-01-06T23:59:59+00:00
Accession:  0001493152-25-000996
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1868640/000149315225000996/0001493152-25-000996-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1868640/000149315225000996/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-000996

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