Roadzen Inc. (Nasdaq: RDZN) has announced a registered direct offering of 1,730,769 ordinary shares at $1.30 per share, totaling approximately $2.25 million in gross proceeds. The offering is expected to close on or about July 29, 2025, with Maxim Group LLC as the sole placement agent. The securities are offered under a shelf registration statement declared effective by the SEC. Roadzen Inc. is a global technology company focused on AI-driven auto insurance solutions, known for its work in telematics, generative AI, and computer vision. The company aims to revolutionize the insurance industry by preventing accidents, ensuring fair premiums, and processing claims quickly.

Read more at GlobeNewswire: Roadzen Announces Pricing of $2.25 Million Registered