Roadzen Inc SEC Filings

Roadzen Inc. entered into a securities purchase agreement with an institutional investor to issue junior convertible notes in a registered public offering with up to an aggregate principal amount of $5,555,555. The notes will be sold for a gross purchase price of $5,000,000, mature 18 months from issuance, and bear interest at 14% per year, rising to 18% upon an event of default.

Principal of $925,000, less any earlier conversions, plus accrued interest is payable quarterly, starting three months after issuance. The notes are initially convertible into ordinary shares at $2.25 per share, subject to customary adjustments and a beneficial ownership cap of 4.99%, which a holder may adjust up to 9.99% with notice. Roadzen may redeem the notes early by paying principal, accrued interest and a make-whole amount, and the investor has additional redemption and conversion rights following events of default or certain future financings.

Roadzen Inc. is raising capital through an offering of $5,555,555 in aggregate principal amount of junior convertible notes, which can be converted into its Ordinary Shares. The notes are issued at an original issue discount of about 10%, providing gross proceeds of $5,000,000, and are expected to generate approximately $4.7 million in net proceeds after placement fees and expenses. The notes mature in eighteen months, carry a 14% annual interest rate that increases to 18% upon an event of default, and require quarterly payments of $925,000 or the outstanding principal, plus deferred amounts and accrued interest. The initial conversion price is $2.25 per share, subject to adjustment, with conversion limited by a 4.99% beneficial ownership cap that can be increased up to 9.99%. Roadzen plans to use the funds to repay payables, reduce higher-cost indebtedness, and for general corporate purposes, but discloses substantial doubt about its ability to continue as a going concern and highlights the high risk and potential for investors to lose their entire investment.

Roadzen Inc. (RDZN) filed an Amendment No. 1 to its Annual Report on Form 10-K to correct an administrative omission. The company is adding a consent from its independent registered public accounting firm and re-filing management certifications required under Sections 302 and 906 of the Sarbanes-Oxley Act. Other disclosures continue to describe conditions as of the original filing date and are not updated.

The filing also notes that the aggregate market value of Roadzen’s equity held by non‑affiliates was $50,896,581, based on a $1.19 share price on September 30, 2024, and that 74,290,986 ordinary shares were outstanding as of June 20, 2025.

Roadzen Inc. (RDZN) announced an agreement in principle with Mizuho Securities USA LLC to extend the maturity of its existing senior secured notes to June 30, 2027, subject to the execution of definitive agreements and customary closing conditions.

The update was furnished under Regulation FD, with further details provided via an attached press release. This step centers on timing of repayment; specific financial terms were not included in the excerpt.

Roadzen Inc. (RDZN) furnished an 8-K stating it has executed a definitive agreement to acquire majority control of a commercial auto insurance broker, subject to customary closing conditions. The disclosure was made under Item 7.01 (Regulation FD) and includes a press release as Exhibit 99.1. The information is furnished and not deemed filed under Section 18 of the Exchange Act.

Roadzen Inc. reported revenue of $10.9 million for the quarter, up about 22% from $8.93 million a year earlier, while narrowing its net loss to $4.0 million from $48.4 million. Operating losses improved materially as general and administrative expenses fell sharply to $2.58 million and non-cash fair value losses declined to $0.51 million, helping reduce loss per share to $0.05 on a weighted average of 74.29 million shares.

Liquidity and leverage remain the company’s primary risks: cash and restricted cash totaled $3.34 million, current liabilities exceeded current assets by about $33.5 million, and short-term borrowings were $20.59 million. Management disclosed substantial doubt about going concern but reports completed equity raises and junior convertible notes and is pursuing liability restructurings. The company also faces an unresolved contractual dispute over a prepaid forward arrangement that prevents a current, reliable valuation of that receivable.

Roadzen Inc. furnished a press release announcing its financial results for the three months ended June 30, 2025. The press release is attached as Exhibit 99.1 and is incorporated by reference into this report.

The company states this information is being furnished under Item 2.02, "Results of Operations and Financial Condition," and expressly notes the material is furnished, not filed for purposes of Section 18 of the Exchange Act. The report lists registered securities RDZN and RDZNW on The Nasdaq Stock Market LLC, indicates the registrant is an emerging growth company, and is signed on the company’s behalf by CFO Jean-Noël Gallardo.