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Roadzen Inc Enters Securities Purchase Agreement

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Roadzen Inc Enters Securities Purchase Agreement

TipRanks Black Friday Sale

An update from Roadzen Inc ( (RDZN) ) is now available.

On November 20, 2025, Roadzen Inc. entered into a securities purchase agreement with an institutional investor to issue and sell junior convertible notes totaling $5,555,555, convertible into ordinary shares. The notes, sold for a gross purchase price of $5,000,000, will mature in 18 months and bear interest at 14% per annum. The issuance is expected to close on November 21, 2025, subject to customary conditions. This move is significant for Roadzen Inc., as it provides a substantial capital influx, potentially impacting its financial operations and market positioning. The agreement includes provisions for note conversion, redemption, and adjustments, with Maxim Group LLC engaged as the placement agent. The transaction is structured to ensure compliance with securities regulations and includes customary indemnifications.

The most recent analyst rating on (RDZN) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on Roadzen Inc stock, see the RDZN Stock Forecast page.

Spark’s Take on RDZN Stock

According to Spark, TipRanks’ AI Analyst, RDZN is a Neutral.

Roadzen Inc.’s overall stock score is primarily impacted by its weak financial performance, characterized by negative equity and cash flow challenges. While technical indicators show some positive trends, the company’s valuation is unattractive due to its negative P/E ratio. The absence of earnings call data and corporate events means these factors do not influence the score.

To see Spark’s full report on RDZN stock, click here.

More about Roadzen Inc

Average Trading Volume: 430,594

Technical Sentiment Signal: Buy

Current Market Cap: $107.7M

See more insights into RDZN stock on TipRanks’ Stock Analysis page.

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