---
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"
generated_at: "2026-05-16T18:12:35.165878+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Roadzen issues up to $5.56M in junior convertible notes at 14% interest

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-024501
- JSON: https://secwatch.observer/filing/0001493152-25-024501.json
- Plain text: https://secwatch.observer/filing/0001493152-25-024501.txt

## Key facts
- Debt Financings
  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.
  - Instrument: convertible notes
  - Principal: $5,555,555
  - Counterparty: an institutional investor
  - Rate: 14% per annum (increasing to 18% per annum upon the occurrence and during the co
  - Maturity: 18 months from the date of issuance
  - Event: incurrence
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1868640/000149315225024501/0001493152-25-024501-index.htm

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