secwatch.observer — SEC 8-K summary
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Issuer:     Roadzen Inc. (RDZN)
CIK:        0001868640
Form:       8-K
Filed at:   2025-04-01T23:59:59+00:00
Accession:  0001641172-25-002155
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Roadzen raises $2M via 16% junior convertible notes due 2026; conversion price $2.00
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- Aggregate principal amount $2.3M sold at $2M gross; net proceeds ~$1.93M after fees.
- Notes bear 16% interest (18% upon default), mature one year from issuance.
- Quarterly payments of 25% of principal (less conversions) plus accrued interest.
- Conversion price $2.00 per share, subject to anti-dilution adjustments.
- ThinkEquity LLC acted as placement agent with 3.5% fee; notes redeemable at Company's option with make-whole.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1868640/000164117225002155/0001641172-25-002155-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1868640/000164117225002155/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-002155

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