Roadzen Prices $5M Secondary Offering Of 2.22M Shares At $2.25/Share
Roadzen Prices $5M Secondary Offering Of 2.22M Shares At $2.25/Share
Roadzen Inc. (NASDAQ:RDZN), ("Roadzen" or the "Company"), a global leader in AI at the convergence of insurance and mobility, today announced the pricing of a best-efforts offering of 2,222,300 ordinary shares at a public offering price of $2.25 per share, for gross proceeds of approximately $5,000,000, before deducting placement agent fees and offering expenses. All of the ordinary shares are being offered by the Company. The offering is expected to close on January 6, 2025, subject to satisfaction of customary closing conditions.
Roadzen Inc.（納斯達克：RDZN）（"Roadzen"或"公司"），作爲保險與出行交匯處的人工智能全球領導者，今天宣佈以每股2.25美元的公開發行價格，進行222,300股普通股的盡力發行，預計募集大約5,000,000美元的總收入，在扣除承銷費用和發行費用之前。所有普通股均由公司發行。此次發行預計將在2025年1月6日完成，前提是滿足慣例的成交條件。
The Company intends to use the net proceeds from the offering primarily for costs directly related to sales and marketing, for research and development, working capital and general corporate purposes, including personnel costs, capital expenditures and the costs of operating as a public company. The Company may also use a portion of the net proceeds to repay indebtedness outstanding.
公司計劃主要將發行所得的淨收益用於與銷售和市場推廣直接相關的費用、研發、營運資金以及一般企業用途，包括人員成本、資本支出和作爲一家上市公司運營的費用。公司還可能將部分淨收益用於償還未償債務。
