Roadzen Files Prospectus for Resale of Shares by Selling Shareholders

MT Newswires Live

11/29

Roadzen (RDZN) filed a preliminary prospectus Friday covering the resale of up to 7.9 million ordinary shares by selling securityholders, according to a Securities and Exchange Commission filing.

The company said it will not receive any proceeds from the sale of these shares, which are being registered to satisfy existing registration rights.

The selling securityholders may offer the shares from time to time at prevailing market prices, prices related to market levels, or through privately negotiated transactions, the filing said.

Price: 1.74, Change: +0.02, Percent Change: +1.16

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