Roadzen Inc. Announces $2.25 Million Direct Offering of Ordinary Shares

Reuters07-28

<a href="https://laohu8.com/S/RDZN">Roadzen Inc.</a> Announces $2.25 Million Direct Offering of Ordinary Shares

Roadzen Inc. (Nasdaq: RDZN), a global leader in AI at the intersection of insurance and mobility, has announced a securities purchase agreement with an institutional investor for a registered direct offering of 1,730,769 ordinary shares at $1.30 per share, totaling approximately $2.25 million in gross proceeds. The offering is anticipated to close around July 29, 2025, pending customary closing conditions. Maxim Group LLC is the sole placement agent for this offering. The securities are being offered under a shelf registration statement on Form S-3, previously declared effective by the U.S. SEC. Interested parties can access the prospectus supplement once filed with the SEC or obtain copies through Maxim Group LLC.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Roadzen Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9501359-en) on July 28, 2025, and is solely responsible for the information contained therein.

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Announces $2.25 Million Direct Offering of Ordinary Shares","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/RDZN\">Roadzen Inc.</a> Announces $2.25 Million Direct Offering of Ordinary Shares\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        <a href=\"https://laohu8.com/S/RDZNW\">Roadzen Inc.</a> (Nasdaq: RDZN), a global leader in AI at the intersection of insurance and mobility, has announced a securities purchase agreement with an institutional investor for a registered direct offering of 1,730,769 ordinary shares at $1.30 per share, totaling approximately $2.25 million in gross proceeds. The offering is anticipated to close around July 29, 2025, pending customary closing conditions. 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