Avacara PTE, Ltd. - 27 Dec 2024 Form 4 Insider Report for Roadzen Inc. (RDZN)

Role
10%+ Owner
Signature
Jean-Noel Gallardo, Attorney-in-fact
Issuer symbol
RDZN
Transactions as of
27 Dec 2024
Net transactions value
+$938,000
Form type
4
Filing time
31 Dec 2024, 18:09:50 UTC
Previous filing
21 Sep 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDZN Ordinary Shares Other $938,000 +335,000 +2% $2.80 17,473,213 27 Dec 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On December 27, 2024, the Reporting Person entered into a Subscription Agreement with Roadzen Inc., a British Virgin Islands company (the "Company"), pursuant to which the Company issued to the Reporting Person 335,000 ordinary shares, par value $0.0001 per share, of the Company, in consideration for the extinguishment of all liabilities and debts associated with certain credit arrangement between the Reporting Person and the Company, including, without limitation, an aggregate amount of $938,000 the Company borrowed from the Reporting Person.