{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-024501","form_type":"8-K","ticker":"RDZN","cik":"0001868640","company_name":"Roadzen Inc.","filed_at":"2025-11-20T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.925172+00:00","generated_at":"2026-05-16T18:12:35.165878+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Roadzen issues up to $5.56M in junior convertible notes at 14% interest","bullets":["Notes: $5,555,555 principal, sold at $5M gross; mature in 18 months; 14% interest (18% on default).","$925,000 quarterly principal payments plus accrued interest begin 3 months after issuance.","Convertible at $2.25/share, subject to adjustment; beneficial ownership cap at 4.99% (can increase to 9.99% after 61 days).","Company can redeem notes at any time with Make Whole Amount; holders can require redemption from 25% of net proceeds of subsequent placements.","Maxim Group LLC as placement agent receives 3.5% fee; offering under effective S-3 shelf registration."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-024501","json":"https://secwatch.observer/filing/0001493152-25-024501.json","markdown":"https://secwatch.observer/filing/0001493152-25-024501.md","text":"https://secwatch.observer/filing/0001493152-25-024501.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1868640/000149315225024501/0001493152-25-024501-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1868640/000149315225024501/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T18:12:35.165878+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1673b5a41c08486577302baa5c48423feab70a33","claim":"Roadzen Inc. incurred convertible notes of $5,555,555 with an institutional investor at 14% per annum (increasing to 18% per annum upon the occurrence and during the co maturing 18 months from the date of issuance.","evidence_excerpt":"On November 20, 2025, Roadzen Inc. (the “Company”) entered into a securities purchase agreement (the “Securities Purchase Agreement”) with an institutional investor (the “Investor”) under which the Company agreed to issue and sell, in a registered public offering, junior convertible notes (each, a “Note” and collectively, the “Notes”) for up to an aggregate principal amount of $5,555,555 (the “Notes”) that may be convertible into the Company’s ordinary shares, par value of $0.0001 per share (the “Ordinary Shares”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1868640/000149315225024501/0001493152-25-024501-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$5,555,555"},{"label":"Counterparty","value":"an institutional investor"},{"label":"Rate","value":"14% per annum (increasing to 18% per annum upon the occurrence and during the co"},{"label":"Maturity","value":"18 months from the date of issuance"},{"label":"Event","value":"incurrence"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}