RoadZen, lnc. announced that it has entered into a securities purchase agreement to issue 5,000,000 common shares at a price of $10 per share for the gross proceeds of $50 million on August 25, 2023. The transaction will include participation from new investors, Meteora Strategic Capital, LLC, Meteora Capital, LLC, Meteora Capital Partners, LP, a fund managed by, Glazer Capital, LLC.
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5-day change | 1st Jan Change | ||
3.22 USD | -12.97% | -28.29% | -36.74% |
Apr. 29 | Dalmia Transport Selects Roadzen's DrivebuddyAI to Enhance Fleet Safety with Advanced Computer Vision | CI |
Apr. 16 | Roadzen Files Registration Statement For Share Offering | MT |
1st Jan change | Capi. | |
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+35.46% | 126B | |
+10.78% | 29.26B | |
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+2.46% | 10.34B | |
+21.13% | 4.91B | |
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+54.27% | 3.19B | |
+13.33% | 757M | |
+35.04% | 239M |
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- Roadzen, Inc. announced that it expects to receive $50 million in funding from Meteora Strategic Capital, LLC, Meteora Capital, LLC, Glazer Capital, LLC