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 USD | -.--% | -19.79% | -41.06% |
May. 23 | Maxim Group Initiates Roadzen With Buy Rating, $10 Price Target | MT |
May. 23 | Top Premarket Decliners | MT |
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
-41.06% | 205M | |
+32.65% | 124B | |
+10.78% | 28.9B | |
-3.88% | 12.63B | |
+1.12% | 10.37B | |
+27.45% | 5.08B | |
+5.60% | 3.71B | |
+23.33% | 824M | |
+35.85% | 240M | |
+46.39% | 150M |
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- News Roadzen, Inc.
- Roadzen, Inc. announced that it expects to receive $50 million in funding from Meteora Strategic Capital, LLC, Meteora Capital, LLC, Glazer Capital, LLC