| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | RDZN | Ordinary Shares | 17.5M | Dec 27, 2024 | See footnote | F1, F2 | |||||
| holding | RDZN | Ordinary Shares | 45.9K | Dec 27, 2024 | See footnote | F3 | |||||
| holding | RDZN | Ordinary Shares | 5.62M | Dec 27, 2024 | Direct | F4 |
| Id | Content |
|---|---|
| F1 | On December 27, 2024, Avacara Pte Ltd. ("Avacara") entered into a Subscription Agreement with Roadzen Inc., a British Virgin Islands company (the "Company"), pursuant to which the Company issued to Avacara 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 Avacara and the Company, including, without limitation, an aggregate amount of $938,000 the Company borrowed from Avacara. |
| F2 | Avacara is the record holder of these ordinary shares. Mr. Malhotra is the majority shareholder and managing director of Avacara, a Singapore corporation with offices located at 14 Robinson Road, #12-01/02, Far East Finance Building, Singapore, 048545, and as such may be deemed to have beneficial ownership of the ordinary shares held directly by Avacara. Mr. Malhotra disclaims any beneficial ownership of the shares held by Avacara, except to the extent of his pecuniary interest therein. |
| F3 | RM Securities LLC is the record holder of these ordinary shares. Mr. Malhotra is the sole member of RM Securities LLC and as such may be deemed to have beneficial ownership of the ordinary shares held directly by RM Securities LLC. Mr. Malhotra disclaims any beneficial ownership of the shares held by RM Securities LLC, except to the extent of his pecuniary interest therein. |
| F4 | Represents ordinary shares underlying restricted stock units ("RSUs") issued under the Roadzen Inc. 2023 Omnibus Incentive Plan, as amended and/or restated from time to time (the "Plan"). Each RSU represents the contingent right to receive one Issuer ordinary share. Each RSU fully vests on September 18, 2025, subject to the Reporting Person's continuous service with the Issuer through the vesting date. |
Mr. Rohan Malhotra is the Chief Executive Officer and Director of the Issuer.