secwatch.observer — SEC 8-K summary
======================================

Issuer:     Roadzen Inc. (RDZN)
CIK:        0001868640
Form:       8-K
Filed at:   2025-11-20T23:59:59+00:00
Accession:  0001493152-25-024501
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1868640/000149315225024501/0001493152-25-024501-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1868640/000149315225024501/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-024501

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer