tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Roadzen prices 1.73M shares at $1.30 in registered direct offering

Roadzen (RDZN) entered into a securities purchase agreement with an institutional investor for the purchase and sale of 1,730,769 ordinary shares at an offering price of $1.30 per share, in a registered direct offering. The gross proceeds to the Company from the Offering are estimated to be approximately $2.25M before deducting the placement agent’s fees and other estimated offering expenses. The offering is expected to close on or about July 29, 2025, subject to the satisfaction of customary closing conditions. Maxim Group is acting as the sole placement agent in connection with the Offering.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1