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 | ||
1.55 USD | -29.55% |
|
-36.21% | -69.55% |
Jun. 12 | Roadzen Partners With Commercial Auto Insurance Network in India | MT |
May. 23 | Maxim Group Initiates Roadzen With Buy Rating, $10 Price Target | MT |
![Consensus](/images/consensus_flch.gif)
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
-69.55% | 151M | |
+31.33% | 123B | |
+7.22% | 28.62B | |
+3.13% | 13.59B | |
+6.31% | 3.92B | |
+3.51% | 3.46B | |
+40.58% | 2.86B | |
+32.05% | 884M | |
+36.39% | 239M | |
+92.45% | 154M |
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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