- Roadzen (NASDAQ:RDZN) announced prices of 2,222,300 shares of common stock at a public offering price of $2.25 per share, for gross proceeds of approximately $5 million.
- All common shares are offered by the company.
- The offering is expected to close on January 6, 2025.
- The Company plans to use the net proceeds of the offering for sales, marketing, research, development, working capital and general corporate purposes, including personnel and capital expenditures, and may also use a portion of the net proceeds to repay debt.