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 | ||
3.3 USD | -6.52% | -14.06% | -35.17% |
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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+11.64% | 29.44B | |
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+18.13% | 4.77B | |
-0.59% | 3.49B | |
+53.95% | 3.16B | |
+15.77% | 773M | |
+34.50% | 242M | |
+53.87% | 163M |
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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