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.