- Roadzen (NASDAQ:RDZN) has announced the pricing of 2,222,300 ordinary shares at a public offering price of $2.25 per share, for gross proceeds of approximately $5 million.
- All the ordinary shares are being offered by the company.
- The offering is expected to close on January 6, 2025.
- The company plans to use the net proceeds from 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 indebtedness outstanding.
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