---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-002387"
form_type: "8-K/A"
ticker: "RDZN"
cik: "0001868640"
company_name: "Roadzen Inc."
filed_at: "2025-04-02T23:59:59+00:00"
generated_at: "2026-05-24T00:02:28.553879+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Roadzen issues $2.3M convertible notes at 16% interest and $2.00 conversion price

## Summary
- Junior convertible notes for up to $2,300,000 principal; gross proceeds $2,000,000 before fees.
- Interest 16% p.a. (18% on default); maturity one year from April 1, 2025.
- Conversion price $2.00 per ordinary share; 4.99% beneficial ownership cap (adjustable to 9.99% after 61 days).
- Quarterly principal payments of 25% (less conversions) beginning 3 months after issuance.
- ThinkEquity LLC serves as placement agent with 3.5% fee on gross proceeds.

## SEC filing metadata
- accession: 0001641172-25-002387
- form_type: 8-K/A
- ticker: RDZN
- cik: 0001868640
- company_name: Roadzen Inc.
- filed_at: 2025-04-02T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 9.01, 1.01, 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1868640/000164117225002387/0001641172-25-002387-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1868640/000164117225002387/form8-ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-002387
- JSON: https://secwatch.observer/filing/0001641172-25-002387.json
- Plain text: https://secwatch.observer/filing/0001641172-25-002387.txt

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